Following White House Meeting, Business Roundtable Encourages Both Parties to Move Swiftly on Debt Ceiling Discussions

May 9, 2023

Washington - Business Roundtable CEO Joshua Bolten today released the following statement after the meeting between President Biden and congressional leadership:

“Business Roundtable welcomes the beginning of crucial bipartisan discussions on raising the debt ceiling. With the U.S. at risk of defaulting in less than a month, securing a bipartisan path forward could not be more urgent. The economic consequences of a default, or even the threat of a default, are simply too high. We encourage Congress and the Administration to reach an agreement on raising the debt ceiling as soon as possible.”