Tuesday, August 02, 2011
Corporate CEOs in America were mum throughout the debt ceiling debate. Legislators are unhappy that business failed to speak up and put pressure on dissident members of the Republican party who held up authorization until last night. The question now is what will happen to corporate lobbyists when they wander the halls of Congressional offices and look for that next tax break? Will legislators remember their absence during one of the most contentious debates in recent years? Is the sky blue? America's CEOs have a lot of explaining to do. The price of silence at a critical time is loss of support for future bills CEOs want passed and regulations they want eased.