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Obama warns GOP against shutting down gov't

Obama decried the Republican approach as "penny-wise and pound-foolish," predicting the U.S. will fall further and further behind other nations in decades to come unless it prioritizes creating opportunities for young people.

By Julie Pace | Updated on August 23, 2013
President Obama waves to the boys soccer team at Tully Junior-Senior High School in Tully, N.Y., Friday. (AP Photo/Jacquelyn Martin)

BINGHAMTON, N.Y. — Casting an eye toward upcoming fiscal fights, President Barack Obama on Friday warned Republicans against trying to defund his signature health care law as he vowed to protect spending on education, scientific research and America’s infrastructure.

Taking questions from college students in central New York, Obama decried the Republican approach as “penny-wise and pound-foolish,” predicting the U.S. will fall further and further behind other nations in decades to come unless it prioritizes creating opportunities for young people.

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