President Obama will talk about the impact that the government shutdown is having on small businesses Thursday during a visit to a Maryland construction company.
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.
This is not the first time the construction company has been in the spotlight. Back in June, U.S. Treasury Secretary Jack Lew kicked off National Small Business Week by touring the woman- and minority-owned business.
Founded in 1985 with the help of a $2.5 million small business loan from the state of Maryland, M. Luis does a large part of its business in asphalt and road construction.
M. Luis is the only minority and woman-owned asphalt manufacturer in the region.
NBC Washington For more: http://www.nbcwashington.com/news/local/Obama-to-Visit-Rockville-Md-Business-Thursday-226107361.html
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