WKYT | Lexington, Kentucky | News

Obama hears Republican offers, businesses' worries about shutdown

President Barack Obama is getting an earful on the budget standoff from Republican leaders and from business owners.

MGN Online

WASHINGTON (AP) - President Barack Obama is getting an earful on the budget standoff from Republican leaders and from business owners.

Obama and House Speaker John Boehner have been stepping up efforts to prevent the U.S. Treasury from default and end a partial government shutdown. The country is increasingly feeling the impact, from new aircraft grounded to a crab harvest jeopardized in the Bering Sea.

Obama met at the White House with small business owners about the impacts they were feeling from the budget battles. Businessman Det Ansinn says Obama hoped to be able to bring them toward a conclusion.

He told the president how the shutdown is threatening to delay some of his projects and he fears what a possible impending government default could do to the economy.

Republicans in the House and Senate separately made proposals to the White House for ending an impasse that polls say has inflicted damage on their party politically. Each offered to reopen the government and raise the $16.7 trillion debt limit - but only as part of broader approach.

That approach envisions deficit savings, changes to the health care law known as "Obamacare" and an easing of across-the-board spending cuts that the White House and Congress both dislike.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 227468641 - wkyt.com/a?a=227468641
Gray Television, Inc.