Business Group Vows Support for U.S. Lawmakers to Cut Deficits
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A group of business leaders pledged to back any lawmakers who craft a long-term plan to cut the U.S. budget deficit, saying all tax and spending policies should be part of the negotiations.
“The business community strongly supports a comprehensive deficit-reduction plan and will support members of Congress who help get it enacted,” according to a statement from the Committee for Economic Development released today in Washington. “Serious deficit reduction cannot be painless, and no one should expect or demand that the spending and revenue provisions they care most about will not be touched.”