Business Community Offers Its Final Comment on Debt Ceiling Debacle: Whatevs

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


The Washington Post reports that over the past few years, business groups have heavily bankrolled the conservative Republicans who voted against raising the debt ceiling last week. That’s no surprise. The bigger question is what they’re going to do in the future. Will they continue to support tea party firebrands who threaten the U.S. economy and the health of the business community by playing games with the debt ceiling?

The chief lobbyist for the U.S. Chamber of Commerce, Bruce Josten, said the debt-ceiling roll call would be only one of many factors considered by the Chamber when it decides which candidates to support in 2014.

“Everyone has their own number one issue, and in the Chamber’s membership, again unlike any other association, we have a lot of members with a lot of different number one issues,” Josten said.

Similarly, Scott Talbott, senior vice president for policy at the Financial Services Roundtable, said: “This vote will be a factor in the future before we make contributions, though it will not necessarily determine the outcome.

….Lobbyists say they are also aware that some of the Republicans may have voted against raising the debt ceiling to give themselves political cover from angry tea party constituents, knowing there were enough votes to avoid a default.

Well, that ought to put the fear of God into them! Something tells me that these tea party heroes are getting a somewhat clearer message from groups like Heritage and Club for Growth, that are on the other side of this issue. This story make it pretty obvious that the Chamber of Commerce has no real intention of punishing anyone who voted against the debt ceiling increase; has no real beef with the tea party wing of the GOP; and has accepted that its role is to oppose Democrats but otherwise STFU. Everyone hoping for a bit more adult supervision in the Republican Party is going to have to look elsewhere.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate