Another wow – as the Head of Chamber of Commerce slaps Koch’s, Cantor and the Tea Party in the face.
Don’t even do threats about the Debt Ceiling….
From Wapo’s Greg Sargent:
Another key moment in the debt ceiling fight: On MSNBC this morning, the head of the powerful U.S. Chamber of Commerce called on Republicans to stop using the threat of default to get the spending cuts they want.
Chamber president Tom Donohue didn’t do this quite as directly as he might have, but the plain meaning was clear. This is significant, because in doing this, he went further than other business leaders, who have merely issued a general call for a hike in the debt ceiling without pointing a finger at Republican debt ceiling hostage taking. Donohue, by contrast, said he wants to see a stop to the tactic of using the debt ceiling as leverage.
“When you get down to defaulting on the debt, you have a very, very serious question: What will happen to interest rates, what will happen to our relationships around the world?” Donohue said in an interview with Chuck Todd. “It could really hurt the economy.”