Construction Awaits Debt Deal.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      UNITED States. Congress
    • Subject Terms:
      BALL, Andy; RUANE, Peter
    • Abstract:
      This article reports on the introduction of proposals by U.S. Senate Democrats and House Republicans on raising the federal debt limit on July 25, 2011. The proposals differed on the timing and structure. Andy Ball, president and chief executive officer (CEO) of Webcor Builders, warns about the possible effect of raising the debt limit on job growth. Peter Ruane, CEO of the American Road and Transportation Builders Association, also raised the economic impact of the debt and deficit issue.