Increase Statutory Debt Limit

SIFMA joined a group of 62 trade associations representing America’s business community to urge Congress to raise the federal debt limit. The group of organizations spanning a full spectrum of the U.S. markets strongly agree that the failure to increase the statutory debt limit in a timely fashion could have a significant and long‐lasting negative impact on the U.S. economy.

See also the letter from the Treasury Borrowing Advisory Committee (TBAC) of SIFMA to U.S. Treasury Secretary Timothy Geithner on the debt ceiling.