Washington, D.C. – Today, U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley released the following statement regarding the President’s meeting with Congressional leaders on the debt limit:
“While we are disappointed that there was no new movement today, we are pleased that the President and Congressional Leadership will meet again this week, but we cannot stress enough that time is short, with each passing day increasing the risk for a misstep resulting in a default. It remains the case that the only path forward to avoiding an economically disastrous default is a bipartisan agreement. It is clear that a clean debt limit cannot become law, so we encourage both parties to focus on areas where a bipartisan agreement is possible, including reforming the permitting process and agreeing on limits on future federal spending.”
