Obama says shutdown caused 'completely unnecessary damage' to ec - WRCBtv.com | Chattanooga News, Weather & Sports

Obama says shutdown caused 'completely unnecessary damage' to economy

Posted: Updated:
By Erin McClam, Staff Writer, NBC News

President Barack Obama said Thursday, as the federal government blinked back to life, that the 16-day shutdown and threat of national default had inflicted "completely unnecessary damage on our economy."

"The American people are completely fed up with Washington," he said from the White House. "Nothing has done more to undermine our economy these last three years that the kind of tactics that create these manufactured crises."

He spoke hours after Congress swerved at the last minute to dodge a threatened economic catastrophe and ended the standoff, leaving Republicans with little to show for the fight.

Hundreds of thousands of furloughed workers were ordered back on the job. At the Capitol, where two nighttime votes ended the stalemate, tours — for a clearly frustrated American public — were set to resume.

The U.S. Geological Survey, the people who map mountains and measure earthquakes, posted a simple message on Twitter at sunrise, 16 days after its last tweet: " … and we're back."

Barricades came down at national monuments. A Park Ranger took down the "THIS SITE IS CLOSED" sign at the Vietnam Veterans Memorial.

The Smithsonian museum said it would open again Thursday, but other institutions needed a little more time to get back to business. The gates of the National Zoo will open Friday, the halls of the National Gallery of Art on Saturday.

Panda Cam, which allows admirers to check in on Mei Xiang and her cub, was still blacked out, but the National Zoo said it should be back later Thursday.

The Office of Management and Budget, which oversees the executive branch, posted a notice: "All employees who were on furlough due to the absence of appropriations may now return to work. You should reopen offices in a prompt and orderly manner."

The restart came after votes in the Senate, by 81-18, and the House, by 285-144, to end the shutdown and extend the government's power to borrow money.

Independent economists and the treasury secretary had warned that, at an undetermined point as early as Thursday, the government was at risk of running out of money and defaulting on its bond payments.

Obama on Thursday credited "Democrats and responsible Republicans" for coming together to end the shutdown. And he encouraged lawmakers to stop focusing on lobbyists, bloggers and radio talking heads, and start focusing on economic growth.

"These twin threats to our economy have been lifted," he said, referring to the shutdown and default threat. But he added: "There are no winners here. These last few weeks have inflicted completely unnecessary damage on our economy."

Republicans, who had insisted on delaying or defunding Obama's signature health care law, were left with only a small concession — tighter income verifications for people getting federal subsidies for insurance.

The party was left bearing the brunt of public blame for the shutdown, bruised by historically low approval ratings and plagued by infighting.

A primary challenger to Republican Sen. Mitch McConnell in his re-election campaign next year accused him of "selling out conservatives" by working with Senate Democrats to negotiate a compromise to end the shutdown.

Sen. Ted Cruz, a Tea Party favorite, suggested that the outcome of the fight would have been "very, very different" had Senate Republicans stood by their counterparts in the House.

And beleaguered House Speaker John Boehner, the top elected Republican in the country, offered: "We fought the good fight. We just didn't win."

Obama said between the votes: "We'll begin reopening our government immediately and we can begin to lift this cloud of uncertainty from our businesses and the American people."

  • NewsMore>>

  • Graysville Rehires Indicted Police Chief

    Graysville Rehires Indicted Police Chief

    Friday, July 25 2014 10:35 PM EDT2014-07-26 02:35:07 GMT
    COUNTY - RheaCOUNTY - Rhea
    GRAYSVILLE, TN. --(WRCB)-- Jason Erik Redden was back on the job today as the Chief of Police of Graysville, Tennessee.Redden, who currently faces 10 counts of official misconduct including theft, has had a tumultuous reign within the last year as the city's top cop.He's been suspended, reinstated, fired, and now rehired.And while some city officials lack faith in Chief Redden, you may be surprised at the level of support he has within Graysville. " I am not surprised they done it, in any oth...More
    GRAYSVILLE, TN. --(WRCB)-- Jason Erik Redden was back on the job today as the Chief of Police of Graysville, Tennessee.Redden, who currently faces 10 counts of official misconduct including theft, has had a tumultuous reign within the last year as the city's top cop.He's been suspended, reinstated, fired, and now rehired.And while some city officials lack faith in Chief Redden, you may be surprised at the level of support he has within Graysville. " I am not surprised they done it, in any oth...More
  • UPDATE: Dog’s condition sparks outrage, owner cited for neglect

    UPDATE: Dog’s condition sparks outrage, owner cited for neglect

    Friday, July 25 2014 7:49 PM EDT2014-07-25 23:49:19 GMT
    A suspected case of animal neglect in Chattanooga has sparked outrage among hundreds of local animal lovers.More
    A suspected case of animal neglect in Chattanooga has sparked outrage among hundreds of local animal lovers.More
  • Mudslinging intensifies in 3rd District Republican race

    Mudslinging intensifies in 3rd District Republican race

    Friday, July 25 2014 7:48 PM EDT2014-07-25 23:48:27 GMT
    It is two weeks away from voters heading to the polls in Tennessee for the primary election and the 3rd Congressional District race is one to watch.More
    It is two weeks away from voters heading to the polls in Tennessee for the primary election and the 3rd Congressional District race is one to watch.More
Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.