President Obama Speaks Regarding Government Shutdown

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President Barack Obama speaks at a news conference following a talk with House Speaker John Boehner in the briefing room of the White House, October 8, 2013  in Washington, D.C.
President Barack Obama speaks at a news conference following a talk with House Speaker John Boehner in the briefing room of the White House, October 8, 2013 in Washington, D.C. Courtesy of MCT Campus

President Barack Obama spoke at M. Luis Construction Company in Rockville Md. Oct. 3 regarding the recent government shutdown caused by House Republican efforts to defund Obamacare.

One of the 28 million small businesses in this country, M. Luis Construction is unable to access capital supported by the U.S. Small Business Administration (SBA).

According to the White House, the minority and woman-owned company has grown in recent years due to support from the SBA, which gives out one billion dollars a month to small businesses.

“Right now those can’t be processed because there’s no one there to process them a�� The longer this goes on the worse it will be, and it makes no sense,” Obama said.

In June, the company was toured by U.S. Treasury Secretary Jack Lew during National Small Business Week. The company flourished in 1985 with the help of $2.5 million dollars from the SBA. M. Luis Construction is now worth $60 million.

During the speech, Obama urged Republican House Speaker John Boehner to call for a vote on a spending bill so that Congress could come to a consensus that would reopen the government.

“My simple message today is, call a vote … let every individual member of Congress make up their own minds,” Obama said.

Because the U.S. Treasury is expected to reach its borrowing limit Oct. 17, Obama stressed raising the debt ceiling in hopes of avoiding a potential government default.

“The American people elected their representatives to make their lives easier, not harder,” Obama said.

Congress passed a bill Oct. 5 ensuring that federal employees will be reimbursed for pay lost during the shutdown.