Manufacturers Downgrade Washington

It’s Time to Rebuild Confidence with Pro-Growth Policies and Fix Problems

After Congress today passed a bill ending the 16-day government shutdown and increasing the country’s borrowing authority, National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement:

“Today’s agreement avoided immediate economic catastrophe, but President Obama and Congress have done nothing to address the underlying causes of our serious fiscal problems. All that is guaranteed is that we will find ourselves in this situation again in a few months. The President and Congress must find a way to work together—to avoid bringing us so close to default and meet the responsibilities placed on them by the American people. Manufacturers need Washington to implement reforms that will address our broken tax code and massive entitlement costs to help our nation avoid such brinksmanship in the future.

Policymakers must put a pro-growth, pro-jobs agenda ahead of the partisanship and gridlock. It’s time for the President and Congress to send a message to manufacturers—we will put the economic health of the United States first.”

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