The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.
President Obama has been railing against Republicans in Congress nearly every day this week.
"One faction of one party in one house of Congress in one branch of government shut down major parts of the government," he said in the White House Rose Garden on Tuesday. "All because they didn't like one law."
He's expected to take that message on the road on Thursday, visiting a construction company in Maryland to talk about the impact of the shutdown on the economy.
And that finger-pointing at Republicans is sure to be part of his speech again.
President Obama spoke with NPR in the Oval Office on Monday, as a visiting group of young people in suits got a tour of the Rose Garden outside the windows. The most striking part of our encounter in this moment of crisis was how familiar the atmosphere seemed.