Do you think the US will bounce back from the government shutdown?
WASHINGTON — President Barack Obama said the government shutdown ‘‘inflicted unnecessary damage’’ to the US economy and damaged America’s credibility around the world.
‘‘The American people are completely fed up with Washington,’’ Obama said.
Still, Obama sought to ensure governments and investors around the world that the ‘‘full faith and credit of the United States remains unquestioned.’’
‘‘We’ll bounce back from this,’’ Obama said. ‘‘We always do.’’
Obama spoke from the White House hours after signing legislation to reopen the government following 16 days of a partial shutdown.
The deal came the night before the nation’s debt limit was facing a breach.
Obama said while ‘‘these twin threats to our economy have now been lifted,’’ the shutdown slowed economic growth, and that the way that business is done in Washington has to change.
Looking ahead, Obama said now that the shutdown is over, leaders in Washington should focus on a budget, immigration reform, and a farm bill.
He said the first focus should be on reaching a budget agreement. Congressional negotiators starting discussing that issue Thursday.
Obama said both parties should pursue a budget that lowers deficits, invests in education and infrastructure, cuts unnecessary spending and closes corporate loopholes.
Raw video: President Obama's speech on the government shutdown
Obama also said Congress should finish an immigration bill by the end of the year. An overhaul passed the Senate but stalled in the House.
Obama’s third priority is to pass an overdue farm bill. The House and Senate are at odds on that issue, too.