Pension funds urge US Congress to act fast on debt-ceiling deal

Capitol building in Washington DC

Senior officials at 10 pension funds have written a letter urging President Barack Obama and congress to act quickly to raise the debt ceiling and address the budget deficit or face dire consequences.

A separate, similar letter was sent by a coalition of investment firms and pension funds on July 25, raising the same issues and used nearly identical language.

"The idea of America losing its AAA rating was once unthinkable but now highly likely if our leaders fail to act," the authors of the two

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here