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U.S. Chamber's Donohue Comments on Passage of Measure to Reopen Federal Government and Raise the Debt Ceiling

Tuesday, October 15, 2013 - 8:00pm

WASHINGTON, D.C.—U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement tonight following House and Senate passage of the measure to reopen the federal government and avoid tarnishing the nation’s credit by defaulting on our national debt:

“We applaud passage of this legislation and thank House and Senate leaders for their efforts to get this done. Reaching an agreement on a path forward is an important step in preventing unnecessary damage to our economy and preserving the full faith and credit of the United States.

“The Chamber urges the administration and Congress to avoid a self-made economic crisis in upcoming debates by committing to work with one another on a plan to restrain federal spending, correct the unsustainable growth of entitlements, reduce our debt, and enact comprehensive tax reform.

“The challenges we face are real and can be accomplished without the political brinksmanship we've seen on both sides over the past few weeks. Moving forward, we hope Congress and the administration seize the opportunity to improve our economy and the ensure the fiscal health of our country.”

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.