President Biden and Congress must raise the debt ceiling and put fiscal responsibility before partisan politics
Washington, D.C. – The National Association of Wholesaler-Distributors (NAW) issued the following statement from CEO Eric Hoplin on the debt ceiling crisis, ahead of President Joe Biden’s Tuesday meeting with Republican and Democrat leaders in the House and Senate:
“NAW is pleased to see President Biden meeting with Congressional leaders including Speaker Kevin McCarthy this week. We urge civility and bipartisanship as solutions are discussed to raise the debt ceiling and reduce out-of-control federal spending. The time for partisan politics and talking points is over. Washington must get serious about raising the debt ceiling and protecting our economy while taking serious steps toward addressing the out-of-control spending that led us here in the first place. We must enact sound fiscal policies to ensure that we never again test the fiscal cliff and place American businesses and families in a dangerous economic position.” said Eric Hoplin, President and CEO of NAW.
NAW is one of America’s leading trade associations, representing the $8.2 trillion wholesale distribution industry. Founded in 1946, NAW is comprised of national, regional, and state employers of all sizes, industry trade associations, partners, and stakeholders spanning all sectors of distribution. Our industry employs more than 6 million workers throughout the United States and accounts for 1/3 of the U.S. GDP. There are 35,000 wholesale distribution companies that operate nearly 150,000 places of business across North America, including all 50 states.
NAW’s mission is to deliver world-class programs and services, designed to help the most dynamic companies in wholesale distribution succeed. Our programming is tailored for the CEOs, senior executives, and rising leaders at our member companies and associations. Members engage with NAW through our offerings in Thought Leadership, Networking, Executive Education, Benchmarking/Research, Shared Resourcing. Partnerships, Government Relations, and Public Affairs.
###
