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The Boston Globe

Business

Obama warns GOP against creating ‘economic chaos’

President cites gains since crisis, laments threats

WASHINGTON — A potential federal shutdown looming, President Obama on Monday warned congressional Republicans they could trigger national ‘‘economic chaos’’ if they demand a delay of his health care law as the price for supporting continued spending for federal operations.

House Republican leaders were to meet Tuesday in hopes of finding a formula that would avoid a shutdown on Oct. 1 without alienating party conservatives who insist on votes to undercut the Affordable Care Act. Even more daunting is a mid- to late-October deadline for raising the nation’s borrowing limit, which some Republicans also want to use as leverage against the Obama administration.

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