Retailers Urge Congress to Pass Bipartisan Debt Ceiling Deal

The Retail Industry Leaders Association (RILA) today issued the following from Senior Executive Vice President for Public Affairs Michael Hanson.

“Retailers are urging lawmakers to support the bipartisan deal struck by President Biden and Speaker McCarthy to avert a debt ceiling crisis. The deal puts in place sensible restraints on spending, while giving private sector businesses the certainty needed to make investments, hire workers, and keep the economy growing.

“Retailers appreciate the principled leaders who negotiated in good faith to arrive at this point, and we urge swift passage to preserve market confidence and reassure anxious consumers.”
RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.

RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.
  • Ensuring a Safe, Sustainable Future
  • Investing in People
  • Public Policy
  • Supporting Free Markets and Fostering Innovation

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