Barack Obama

Obama: Government Shutdown Caused "Completely Unnecessary Damage" to the Economy

Signed fiscal deal yesterday

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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 than the kind of tactics that create these manufactured crises."