abc
QUICK LINKS:

Obama says shutdown damaged US economy

Created: 10/17/2013 10:35 AM KSTP.com

(AP) WASHINGTON - President Barack Obama says the government shutdown "inflicted unnecessary damage" to the U.S. economy and damaged America’s credibility around the world.

Obama spoke from the White House hours after signing legislation to reopen the government following 16 days of a partial shutdown.

The deal came the night before the nation’s debt limit was facing a breach.

Obama said while "these twin threats to our economy have now been lifted," the shutdown slowed economic growth.

Obama says the way that business is done in Washington has to change.

Minneapolis/St. Paul

Few Clouds
51°
65° | 40°
  • Feels like: 51° F
  • Wind: WNW 9mph
  • Humidity: 54%
  • Sun Plenty of sun
    65° | 50°
  • Mon Showers possible in the afternoon
    65° | 45°
  • Tue More clouds than sun
    53° | 36°
  • Wed More sun than clouds
    50° | 35°

Video

KSTP NEWS