Barack Obama

Obama To Warn Republicans Over Budget Negotiations

Expected to say a government shutdown won't do the economy much good


(Reuters)—President Barack Obama will use the backdrop of a busy commercial port in Florida to warn congressional Republicans on Thursday that using the threat of government shutdown or debt default puts a fragile economic recovery in jeopardy.

In the second of a series of speeches on the economy, Obama is due to accuse Republicans for standing in the way of faster growth with their fiscal proposals, aides said.