Obama: Government shutdown would hurt economy

FAIRLESS HILLS, Pennsylvania (Reuters) – President Barack Obama warned on Wednesday that a shutdown of the federal government would harm the economy just as it was gaining momentum.

Obama, who spoke at a town-hall style event in Pennsylvania, urged Democrats and Republicans to compromise in the budget fight in order to get a deal and avert a shutdown.

(Reporting by Jeff Mason and Caren Bohan; Editing by Sandra Maler)

Obama: Government shutdown would hurt economy