PanamaTimes

Sunday, Sep 15, 2024

Business Groups Praise Biden-McCarthy Debt Ceiling Agreement

Business Groups Praise Biden-McCarthy Debt Ceiling Agreement

Leading business groups are praising President Biden and House Speaker McCarthy for forging a bipartisan agreement to raise the debt ceiling and avoid a devastating default.
The agreement, which will raise the debt ceiling through January 1, 2025, has received support from the Business Roundtable, the US Chamber of Commerce, the National Association of Manufacturers, and other groups.

However, the deal is not yet done, and party leaders are working to convince holdouts to support the legislation.

The House is expected to vote on the bill on Wednesday.
Comments

Oh ya 1 year ago
The people who said McCarty was a RINO when he became speaker were RIGHT

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