By Dow Jones Business News, October 17, 2013, 12:11:00 PM EDT
By Colleen McCain Nelson
WASHINGTON--President Barack Obama praised Democrats and Republicans for reaching an 11th hour deal that ended a tense
political showdown, but blasted some conservative lawmakers whom he blamed for manufacturing crises.
"Let's be clear, there are no winners here," Mr. Obama said in remarks from the White House. "These last few weeks
have inflicted completely unnecessary damage on our economy."
Just hours after Congress approved a budget deal, the president called for a new approach to governing in Washington,
urging elected officials to stop paying attention to bloggers and professional activists who he said profit from
"To all my friends in Congress, understand that how business is done in this town has to change because we've all got
a lot of work to do on behalf of the American people, and that includes the hard work of regaining their trust," he
Mr. Obama said the country would bounce back from the harm inflicted by the last few weeks but said the partial
government shutdown and the near-default had damaged America's credibility, saying that recent events had encouraged
enemies and emboldened competitors.
Congress narrowly averted default Wednesday evening, voting to reopen the government through Jan. 15 and suspend the
debt ceiling through Feb. 7. Mr. Obama signed the legislation when it reached his desk just after midnight.
In the end, the president got essentially what he wanted: a deal to fund the government and lift the debt limit
without significant alterations to the Affordable Care Act or other major strings attached. The agreement provides only
a temporary reprieve but also lays the groundwork for talks focused on broader budget issues.
Mr. Obama said there are three areas where progress can be made right now: taking a balanced approach to the budget,
fixing the broken immigration system and passing a farm bill.
He said passing a budget shouldn't be an ideological exercise, adding that all three objectives could be accomplished
by the end of the year.
As furloughed workers returned to work Thursday morning, the president also thanked them for their service.
"Welcome back," he said. "What you do is important."
He also laid into some conservative opponents as obstructionists.
"You don't like a particular policy or a particular president? Then argue for your position. Go out there and win an
election, he said."
Write to Colleen McCain Nelson at Colleen.Nelson@wsj.com
(END) Dow Jones Newswires
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