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Obama to visit Rockville, Md. business Thursday

Wednesday - 10/2/2013, 4:20am  ET

ROCKVILLE, Md. (AP) -- 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 (loo-EESE') 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.

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