Obama Calls For Budget, Immigration Reform By Year's End

President Obama slammed the partisan standoff "spectacle" that he said had damaged the economy and America's international credibility, and called on Congress to pass a comprehensive budget, immigration reform and a farm bill by year's end.

He praised "Democrats and responsible Republicans who came together" to pass a last-minute deal to reverse a partial government shutdown and narrowly avert the expiration of the federal borrowing authority.

"Let's be clear, there are no winners here," he said Thursday. "These last few weeks have inflicted completely unnecessary damage to our economy."