Heads of four large business groups testify before Congress that not raising debt limit could have serious economic consequences As Congress edged close to shooting past the Oct. 17 deadline for raising the nation's debt, association leaders had a stern warning for lawmakers a limit: Don't do it. "Let me be very clear: We need to meet our obligations and not create any uncertainty that we do so—on time, every time," Frank Keating, CEO of the American Bankers Association, told members of the Senate Committee on Banking, Housing and Urban Affairs during an Oct. 10 hearing on the debt limit. Keating was one of four association heads to testify before the committee about the… Read More