U.S. Chamber: Congress, Administration Must Find Path Forward on CR and Debt Limit

Monday, October 7, 2013 - 8:00pm

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten issued the following statement today reiterating the Chamber’s position on the government shutdown and the debt ceiling debate:

“There are a lot of moving pieces and different views being discussed, but the needs of the country are clear. Congress and the administration must find a path forward on a continuing resolution and on the debt limit to preserve the normal operations of government and to remove a serious threat to the full faith and credit of the United States. 

“The Chamber understands the many serious issues raised in the current debate and acknowledges the desire of some lawmakers to use every opportunity to alter the nation’s fiscal course toward more sustainable policies. Must-pass legislation like the continuing resolution and the debt ceiling has historically offered rare and appropriate opportunities for Congress and the executive branch to effect meaningful change. Yet, in the back and forth of legislative wrangling Congress and the administration should not lose sight of the fact that both the continuing resolution and the debt ceiling are and remain must-pass legislation, and that the debt ceiling specifically must pass on a timely basis to avoid inflicting substantial and enduring damage on the U.S. economy.”