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Intel Corporation Message Board

  • wallisweaver wallisweaver Oct 6, 2013 9:34 PM Flag

    House Republicans Tell the Chamber of Commerce to Shove It

    "On Wednesday, Obama hosted 14 chief executives from the nation’s biggest financial firms for more than an hour of meetings. Moreover, the Chamber of Commerce has sent a letter to Congress signed by about 250 business groups urging no shutdown and warning that a debt ceiling crisis could lead to an economic disaster. They say that the policy disputes over health care and spending that are separating Democrats and Republicans should be debated later.

    ... the Chamber of Commerce has sent a letter to Congress signed by about 250 business groups urging no shutdown and warning that a debt ceiling crisis could lead to an economic disaster. They say that the policy disputes over health care and spending that are separating Democrats and Republicans should be debated later.

    The letter circulated by the Chamber of Commerce urges lawmakers to raise the debt ceiling “in a timely manner and remove any threat to the full faith and credit of the United States government.” It also acknowledges Republican fears over the unsustainable growth of major benefit programs such Medicare and Social Security and the need for a more business-friendly tax system.

    But in a rejection of the tactics of House Speaker John Boehner, the letter urges Congress to pass first a short-term spending bill, then raise the debt ceiling, “and then return to work on these other vital issues.”

    That advice is being ignored by the GOP-led House."

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