Debt limit fight fuels business uncertainty: Obama

Reuters News
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Posted: Jul 08, 2011 11:18 AM
Debt limit fight fuels business uncertainty: Obama

WASHINGTON (Reuters) - President Barack Obama said on Friday the impasse over the debt limit was contributing to the economy's weakness by adding to business uncertainty.

Obama, speaking after the release of a gloomy jobs report for June, cited the debt limit dispute, along with the crisis in Greece, as among factors making companies more hesitant to hire and invest.

(Reporting by Caren Bohan and Laura MacInnis)