Josten assigned no blame for the current impasse, but said "some lawmakers" were trying to "alter the nation's fiscal course toward more sustainable policies."
He also said such controversies were nothing new and "historically offered rare and appropriate opportunities for Congress and the executive branch to effect meaningful change."
Nevertheless, he said the CR and the debt ceiling hike are "must-pass" measures that lawmakers should act on quickly:
Here's the complete statement:
There are a lot of moving pieces and different views being discussed, but the needs of the country are clear. Congress and the administration must find a path forward on a continuing resolution and on the debt limit to preserve the normal operations of government and to remove a serious threat to the full faith and credit of the United States.
The Chamber understands the many serious issues raised in the current debate and acknowledges the desire of some lawmakers to use every opportunity to alter the nation’s fiscal course toward more sustainable policies.
Must-pass legislation like the continuing resolution and the debt ceiling has historically offered rare and appropriate opportunities for Congress and the executive branch to effect meaningful change.
Yet, in the back of forth of legislative wrangling Congress and the administration should not lose sight of the fact that both the continuing resolution and the debt ceiling are and remain must-pass legislation, and that the debt ceiling specifically must pass on a timely basis to avoid inflicting substantial and enduring damage on the U.S. economy.