Two top U.S. business lobbies plan to publicly break with President Barack Obama over imposing more sanctions on Russia because of the crisis in Ukraine after the White House rebuffed their objections.
Two top U.S. business lobbies are preparing to publicly break with President Barack Obama over the prospects of more sanctions against Russia after months of quietly raising their objections with the White House.
A group of 44 former high-ranking U.S diplomats, civil servants, military officers and Cuban-American businessmen is calling on President Barack Obama to further loosen a half-century embargo on the Communist regime in Cuba.
Thomas Donohue, the president and chief executive officer of the U.S. Chamber of Commerce, said that while his organization respects the small-government instincts of Tea Party Republicans, he can’t support efforts to shut down the government or block increases to the debt ceiling.
The U.S. economy will expand by 3.2 percent this year and add 2.4 million jobs, Chamber of Commerce President Thomas Donohue said as the nation’s largest business group offered an optimistic forecast for 2011.
Raising the U.S. gasoline tax above 18.4 cents a gallon is the “simplest and most straightforward” way to fund a long-term highway bill, the president of the nation’s largest lobbying group for businesses told Congress.
The U.S. economy will slow early this year from the pace at the end of 2011, then accelerate and finish with an annual growth of less than 3 percent, U.S. Chamber of Commerce President Thomas Donohue said as the nation’s largest business group offered its forecast for 2012.