Obama Accuses Republicans of Blocking Progress on Economy
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President Barack Obama accused congressional Republicans of ignoring what needs to be done to ensure broad-based prosperity and focusing instead on slashing government spending even while the deficit is narrowing.
“Congress’s most fundamental job is passing a budget,” Obama said in remarks at the White House to mark the five-year anniversary of the financial crunch touched off by the collapse of Lehman Brothers Holdings Inc. “And Congress needs to get it done without triggering another crisis, without shutting down our government, or worse, threatening not to pay this country’s bills.”