The U.S. Chamber of Commerce announced Wednesday that it supports the new Senate plan to end the shutdown and raise the debt ceiling, and it will include the measure as a key vote.
“While important policy issues are at stake in the ongoing debate about federal spending, debts, deficits and entitlements, the full faith and credit of the United States should not be subjected to further brinksmanship,” R. Bruce Josten, executive vice president for government affairs at the Chamber said in a letter to Congress. “The consequences to the U.S. economy and the American business community of a default are too extreme to be allowed to occur.”
Josten said that Congress should address other important issues once the government is open.
“We face a challenging set of issues that will require sustained debate over many months,” he said. “We therefore urge the Congress to act promptly to pass a Continuing Resolution to fund the government and to raise the debt ceiling, and then to return to work on these other vital issues.”