EEI Applauds Efforts to Reach Agreement on a Debt Ceiling Deal

EEI Applauds Efforts to Reach Agreement on a Debt Ceiling Deal

WASHINGTON (May 29, 2023) — Edison Electric Institute (EEI) President and CEO Tom Kuhn today issued the following statement:

“EEI and our member companies commend President Biden and Speaker McCarthy for working together to reach a bipartisan resolution on the debt ceiling.

"The siting and permitting elements of the deal will make important improvements that create a more efficient, environmentally sound, and legally durable process for deploying new energy infrastructure and upgrading existing infrastructure.

"Having a clear, coordinated, consistent, and efficient permitting process is essential for our industry and for America’s electric companies as we make critical investments in our nation’s energy grid.

"We urge Congress to act quickly to pass the compromise legislation."

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About EEI

About EEI

EEI is the association that represents all U.S. investor-owned electric companies. Our members provide safe, reliable electricity for nearly 250 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 70 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.