Obama: Let's avoid 'apocalypse'
September 18th, 2013
12:37 PM ET
10 months ago

Obama: Let's avoid 'apocalypse'

Washington (CNN) - President Barack Obama again made his case that Congress must pass a budget and not negotiate on the health care law Wednesday, this time to business leaders.

Obama blamed an "ideological faction" of the Republican Party for the "ideological fight" currently underway in Congress over the budget.

"I'm happy to negotiate with them around the budget … What I will not do is to create a habit, a pattern, whereby the full faith and credit of the United States ends up being a bargaining chip to set policy," Obama told the roughly 100 CEOs gathered in Washington. "It's irresponsible."

The Obama administration has marked the 5th anniversary of the collapse of Lehman Brothers this week to promote its financial policies post-recession and use the microphone to lay down their gauntlet over the impending budget and debt ceiling negotiations.

Read more: Government shutdown: Again? Seriously?

Obama spoke Wednesday after House Speaker John Boehner officially announced the House's intention to once again vote to defund Obamacare as part of a measure to keep the government running past September 30.


Boehner changes plans on Obamacare and funding bill

Although the president offered a politically charged case on Monday, he was more muted in his remarks Wednesday as he asked business leaders to use their influence to appeal to Congressional Republicans so that "apocalypse" is not promised every three months.

Obama said failure to pass a spending measure to keep the federal government operating into October would hurt the economic recovery. And although he said the overall economic picture is brighter, he pointed to stalled progress over issues like immigration as factors that are impeding growth.

CNNMoney: CBO chief: Government shutdown bad for economy

Obama made the case for immigration reform specifically to the CEOs, saying reform could add "potentially a trillion dollars to our economy and that we will continue to attract the best and brightest talent around the world."

The president has met before with the Business Roundtable, members of which employ more than 16 million people, according to BRT. During previous budget and debt ceiling negotiations, the group has lobbied, sometimes with significant funds, against shutting down the government.

Earlier Wednesday the group released a survey that said they expect a decline in the US economy in the third quarter and hiring to remain essentially flat.


Filed under: Budget • Congress • President Obama
soundoff (39 Responses)
  1. Pam from Iowa

    The GOP has a hard time with this one...being as they all took money from the insurance industry and now have to cater to them.
    Spineless – every damn one of them!!!!

    September 18, 2013 12:41 pm at 12:41 pm |
  2. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    "I'm happy to negotiate with them around the budget … What I will not do is to create a habit, a pattern, whereby the full faith and credit of the United States ends up being a bargaining chip to set policy,"
    ------------------------------------------------
    That's their entire game plan Mr. President. It's downright treasonous if you ask me.

    September 18, 2013 12:50 pm at 12:50 pm |
  3. sonny chapman

    Hate, for Obama & everything in the world that they don't/won't understand, has blinded the Tea Party Folks & all those who go along with them to the point of Political Paralysis on the the Federal Level.

    September 18, 2013 12:53 pm at 12:53 pm |
  4. Sniffit

    "Obama said failure to pass a spending measure to keep the federal government operating into October would hurt the economic recovery. "

    GOP/Teatrolls: "Duh...that's a feature, not a bug. You think for one second we're not going to do everything we can to destroy you? The fact that it punishes Amurika for voting for you is just gravy on top as far as we're concerned."

    September 18, 2013 12:58 pm at 12:58 pm |
  5. Rudy NYC

    The sad part is how the right wing media, particulary the radio shows, is feeding so much hate, lies, discord, distrust, and misinformation to the public, who eats it up because they want to believe something other than reality.....which is that their side has made some egregious political errors but blames the other side for it.

    September 18, 2013 12:59 pm at 12:59 pm |
  6. just saying

    it'll only be an 'apocalypse' if the senate democrats and obama refuse to sign the funding bill. the republicans are funding the government, just not obamacare. if they don't fund the post office does the whole government shut down? of course not. obama is determined to destroy the country one way or another. obamacare has already shown itself to be a train wreck in so may ways. it would be the height of irresponsibility to continue to fund it when a majority of americans oppose the law.

    September 18, 2013 01:01 pm at 1:01 pm |
  7. M.A.P.

    It astounds me every day how determined the Republicans are to ruin anything Obama tries to do. This is shallow petty politics at its worst and I seriously hope the public arent stoopid enough to accept the Republican "truth" that everything is Obama's fault.

    September 18, 2013 01:04 pm at 1:04 pm |
  8. Wake up People!

    Apocalypse??? Really???

    Poor Walter Cronkite has to be backflipping to China by now. Pathetic.

    September 18, 2013 01:06 pm at 1:06 pm |
  9. Tom

    Translation: "Go ahead, make my day." Republicans are going to bear the lion's share of the blame if this shutdown happens. I think the Democrats are willing to just sit back and watch the economy collapse as a result of idiotic Republican games. Fox and all the conservative talking heads will try to spin this that Obama is to blame for not surrendering to Republican's demands, but every opinion poll I've seen puts the blame squarely on the Republicans. It's time to call the Republican's bluff on this one and I think that's just what Obama and Congressional Democrats plan to do.

    September 18, 2013 01:07 pm at 1:07 pm |
  10. kirk

    The more they realize how damaging the shut down could be, the more aggressively they will fight, they think that our economy being crashed will keep from electing another black guy .they and the all the rich will benefit again from a recession

    September 18, 2013 01:13 pm at 1:13 pm |
  11. Dominican mama 4 Obama

    "Apocalypse".
    Interesting choice of word from a President, unlike our previous, who loathes to exaggerate and who does not believe in scaring the populace, unlike the Rethuglikkklans that surround him like sharks.

    September 18, 2013 01:16 pm at 1:16 pm |
  12. Jeff Brown in Jersey

    Time for Democrats to stop pacifying the neighborhood bullies like Cantor, McConnell and Ryan. Give them the rope to hang themselves.

    September 18, 2013 01:16 pm at 1:16 pm |
  13. Sniffit

    "it'll only be an 'apocalypse' if the senate democrats and obama refuse to sign the funding bill. the republicans are funding the government, just not obamacare. if they don't fund the post office does the whole government shut down? of course not. obama is determined to destroy the country one way or another. obamacare has already shown itself to be a train wreck in so may ways. it would be the height of irresponsibility to continue to fund it when a majority of americans oppose the law."

    Survey says: unconvincing to the vast majority of Americans.

    Better think up a better argument before September 30th, champ.

    September 18, 2013 01:19 pm at 1:19 pm |
  14. Rudy NYC

    just saying

    it'll only be an 'apocalypse' if the senate democrats and obama refuse to sign the funding bill. ... ... ...
    -------------------
    What you're really saying is, "No compromise. It's our way, or the highway." Don't forget that the Senate passed a budget, but some guy named Cruz blocked the process that allows the Senate and House to reach a compromise. The public remembers, despite the incredible efforts to distract them from what is really happening..

    September 18, 2013 01:21 pm at 1:21 pm |
  15. Dominican mama 4 Obama

    GOP/Teatrolls: "Duh...that's a feature, not a bug.
    -------------------------------------------------Actually Sniffit I think you meant to say "benefit".
    But either way, feature or benefit, bottom line is that we'd be royally f'd....and that in itself might comprise yet another feature/benefit for the Tea trolls.

    September 18, 2013 01:24 pm at 1:24 pm |
  16. Mel

    Obama is weak and has lost support in his own party. Right now is the perfect time to pick a fight with him. I wonder if Putin will have to bail him out on this one, too?

    September 18, 2013 01:28 pm at 1:28 pm |
  17. Michael Benjamin

    We have heard the same arguments on both sides for months. Neither seems to be convincing anyone but their own believers the path forward is the right one. World's remaining superpower looks more and more Lemuel Gulliver.

    September 18, 2013 01:29 pm at 1:29 pm |
  18. Lynda/Minnesota

    Apocalypse, Mr. President? We've barely dug ourselves out of the last GOP fueled economical apocalypse. Might just as well sit back and take a deep breath before the next GOP fueled economic disaster arrives.

    September 18, 2013 01:33 pm at 1:33 pm |
  19. Tommy G

    More like the O-pocalypse for the last 5 years and the next 3. How utterly stupid this country is becoming. We deserve our destruction for electing this miserable divisive failure President of this once great nation.

    September 18, 2013 01:34 pm at 1:34 pm |
  20. Ann Heaney

    The House needs to compromise with the senate and President Obama. Obama works very hard to work with them. The House cannot have everything that it wants. It is unreasonable. Obama works very hard and this is what he gets. It is not fair.

    September 18, 2013 01:35 pm at 1:35 pm |
  21. Rick McDaniel

    Sure....... whenever Obama can get any fiscal sense and responsibility.

    September 18, 2013 01:38 pm at 1:38 pm |
  22. just saying

    Sniffit
    Survey says: unconvincing to the vast majority of Americans.
    Better think up a better argument before September 30th, champ.
    -–

    it the uneducated american public gets fed the usual lies and leftist democrat talking points by the left wing propaganda machine known as the main street media, then you may be right. but they don't have a monopoly like they used to have. we'll see won't we? internet, fox news and other forms of communication help get the truth out to the american people.

    September 18, 2013 01:38 pm at 1:38 pm |
  23. Jeff Brown in Jersey

    @just saying
    internet, fox news and other forms of communication help get the truth out to the american people.

    Now I understand. You trust Faux "News". Bless your pointy, little head!

    September 18, 2013 01:47 pm at 1:47 pm |
  24. Marie MD

    @just saying, you have any REAL facts to support your untrue rankings ?
    I have co workers who are already using Obamacare for their children who are now out of school and going to college and they can keep them in their insurance plan.
    My neighbor is happy that he and his wife don't have to worry about the donut hole for their prescriptions thus saving them $3K and more.
    Your turn.

    September 18, 2013 01:48 pm at 1:48 pm |
  25. Gunderson

    Wow,
    Posts getting more and more vicious. After 80 plus years of big Liberal Programs thing not so good. Old Gunderson say, WHEN IN DOUBT, RUN IN CIRCLES, SCREAM AND SHOUT. You finally wising up! If Obama repeal "Putin Care" economy come back. If not, grab fire extinguisher. Apocalypse here. Too late.

    September 18, 2013 01:52 pm at 1:52 pm |
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