Obama to Visit Rockville Business Thursday

ROCKVILLE, Md. — President Obama plans to visit a Maryland construction company to talk about the government shutdown’s effect on business.

Obama press secretary Jay Carney said that Obama will visit M. Luis Construction in Rockville on Thursday to talk about the need for Congress to break its budget stalemate.

Carney said M. Luis is an example of a company that has grown in recent years because interest rates have been low and businesses are therefore able to borrow cheaply.

Carney said a prolonged government shutdown and the looming potential of a government default threaten the economy and would harm small businesses.

M. Luis is a woman- and minority-owned business that does a large part of its business in asphalt and road construction.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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