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Obama pushes for even more debt
Posted By -NO AUTHOR- On 09/18/2013 @ 1:03 pm In Money,Politics,U.S. | No Comments
(REUTERS) — President Barack Obama appealed to business leaders on Wednesday to urge Congress to approve an increase in the U.S. debt limit without any conditions attached and avoid a default that is possible as early as mid-October.
“It is going to be important for all of you over the next several weeks to understand what’s at stake and to make sure that you are using your influence in whatever way we can to get back to what used to be called regular order around here,” Obama told the Business Roundtable.
The president’s speech to about 100 top corporate executives was part of an effort to focus on domestic budget and economic issues after a month dominated by foreign policy, mainly the conflict in Syria.
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