ICYMI: Amazon CEO Andy Jassy Urges Congress to Raise the Debt Ceiling

In a CNBC interview that aired today, Amazon CEO Andy Jassy warned that a failure to raise the debt ceiling could result in a BIG hit to U.S. consumer confidence and confidence in businesses — hurting the financial bottom line of middle-class families.

"If you look at our debt commitments, and you look at where the debt ceiling is, it's a little concerning. I think it's scary for consumer confidence and for confidence in U.S. businesses and potential credit ratings if we don't make sure that we raise that debt ceiling," Jassy said.

Jassy added that the debt ceiling issue comes after the U.S. government has "had to spend at unprecedented levels to keep our citizens safe" amid the coronavirus pandemic.

Jassy joins a growing list of economic leaders and organizations to call on Congress to raise the debt limit and avoid economic damage, including the Center for American Progress, Goldman Sachs and JP Morgan, among others.

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