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Killgore Trout7/12/2011 2:28:39 pm PDT

Here’s why the GOP has to cave: “Raise the fucking debt limit!” says…..The Chamber of Commerce….
Congress hears outcry from business lobby on debt ceiling and deficit

The sternly worded letter demanding a rise in the debt limit marks a signficant shift in strategy by the U.S. Chamber of Commerce, the Business Roundtable and other corporate leaders, who until now have remained largely mute as the standoff in Washington has propelled the country close to default.

The missive also poses a serious political challenge for Republicans, who rely heavily on corporate America for support but have balked at agreeing to revenue increases as part of a deal with Democrats. Many of the House GOP freshman who are most opposed to a compromise were swept into office with the help of financial support from the Chamber and other business interests.