WASHINGTON, Sept. 27 (Xinhua) -- U.S. President Barack Obama on Friday urged Republican lawmakers in the House of Representatives to quickly approve a spending bill passed by Senate to avert a government shutdown.
"Do not shut down the government. Do not shut down the economy, " Obama stressed at a White House press conference Friday.
If the federal government shuts down, military personnel will not get their paychecks on time and the threat of a government shutdown has already impacted the U.S. economy, he said.
Earlier Friday, U.S. Senate voted to pass a stopgap spending bill to fund the federal government's operations from Oct. 1 to Nov. 15 to avert a shutdown.
The Senate bill strips out a controversial provision that would defund Obama's signature healthcare law, the Affordable Care Act, commonly known as Obamacare. The bill passed the Democrats- controlled upper chamber of Congress by 54-44 along party lines.
The bill has a shorter government funding length than the one passed by House of Representatives last week, and it now moves to the Republican-led House for GOP leaders to decide their next move. The House passed on Sept. 20 a stopgap spending bill, which was championed by the conservatives to fund the government through Dec. 15 while prohibiting funding to implement Obamacare.
Washington now faces two looming deadlines: one for funding the government in the new fiscal year beginning Oct. 1; the other for the debt limit to avert a debt default crisis, which needs to be raised by Oct. 17, according to Treasury Secretary Jacob Lew.
The U.S. dollar is a global reserve currency. Failure to raise the debt limit will be far more dangerous than a government shutdown which will have global negative repercussions, Obama warned.