It’s Time To Scrap the Debt Limit
The practical effect of the debt limit has been to manufacture a series of distracting and economically dangerous political crises.

The United States has a debt problem—and it threatens not only our long-term fiscal health, but also our future as a competitive and growing nation. Put simply, the federal government has been spending at a faster rate than revenues come in, resulting in large budget deficits and unsustainable levels of debt.
The Chamber is calling for government reforms that will address the looming crisis of unsustainable entitlement programs, keep deficit spending low for the long-term, and rein in our growing debt.
Entitlement reform is a key component of the U.S. Chamber’s Jobs, Growth, and Opportunity Agenda – an ambitious plan to generate stronger, more robust economic growth, create jobs and expand opportunity for all Americans.
The practical effect of the debt limit has been to manufacture a series of distracting and economically dangerous political crises.
The relief provided by President Trump's regulatory actions should give businesses the confidence to increase investment.
After eight years in office, President Obama left the nation a legacy of debt and deficits.
Perhaps China’s Ming Dynasty provides the greatest historical example of isolationism’s effects
One of five stops as we travel across the country listening to business owners and policy leaders discuss the ingredients needed for driving growth at the local, state, and federal level.
President Trump may not appreciate his good luck.
An undeniable lasting effect of President Obama’s tenure has been a significant degradation in our nation’s fiscal health.
U.S. Chamber President Tom Donohue's remarks on the State of American Business as prepared for delivery on January 11, 2017.
U.S. Chamber of Commerce President and CEO Thomas J. Donohue delivered his annual State of American Business address to outline the top challenges facing the business community and the Chamber’s policy priorities for 2017.
The Chamber’s message to policymakers and incoming leaders is simple: Choose growth.