Washington - Business Roundtable President & CEO Joshua Bolten today issued the following statement:
“We welcome Senate agreement on a path forward to address the U.S. statutory debt ceiling in the short term. Failure to meet U.S. obligations would have been catastrophic and had devastating impacts on the U.S. economy and financial markets. We urge Congress to support this short-term solution and to work diligently to avoid a crisis at year’s end.”
On September 15, Business Roundtable sent a letter to congressional leadership urging Congress to address the debt ceiling before the mid-October deadline.