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U.S. Chamber warns of 'double-dip' recession because of Dem policies
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Contributor | Penn Con |
Last Edited | Penn Con Jan 12, 2010 02:56pm |
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Category | News |
Author | Ian Swanson |
News Date | Tuesday, January 12, 2010 08:00:00 PM UTC0:0 |
Description | U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.
“Congress, the administration and states must recognize that our weak economy simply could not sustain all the new taxes, regulations and mandates now under consideration. It’s a sure-fire recipe for a double-dip recession, or worse,” Donohue said in a speech providing the Chamber's outlook for 2010. |
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