Frank Jemley III, President and CEO of the Kentucky Association of Manufacturers, issued the following statement this afternoon:
“The Kentucky Association of Manufacturers applauds the agreement between President Biden and Speaker McCarthy that has produced the Fiscal Responsibility Act of 2023. By averting a catastrophic default on the fiscal obligations of the United States and producing a genuine compromise on important fiscal and other public policy goals, the legislation is a win for the American economy. For Kentucky and our nation as a whole, we urge the members of Kentucky’s Congressional Delegation to support the bill as written and its passage without delay.”