CEA Urges President Obama and Congress to Address America's Long-Term Fiscal Problems

Ending the 16-day government shutdown

Arlington, Va., October 17, 2013 - The following statement is attributable to Gary Shapiro, president and CEO of the Consumer Electronics Association (CEA)®, regarding the bill passed by Congress last night, ending the 16-day government shutdown.

"Yesterday's action by Congress ended an immediate crisis, but Congress and the President must still address the long-term fiscal problems facing our nation. The success of the consumer electronics industry - and our nation's proud history of global leadership in technological innovation - require a healthy economy, and a healthy economy requires action on our growing deficit. CEA urges tax and entitlement reform and supports the solutions in the bipartisan Simpson-Bowles Commission recommendation. Congress must also act on patent litigation and immigration reform to ensure that new businesses and jobs can be created and existing companies can expand and hire in the United States."

About CEA:

12278_SocialIconsThe Consumer Electronics Association (CEA) is the technology trade association representing the $203 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES - The Global Stage for Innovation. All profits from CES are reinvested into CEA's industry services. Find CEA online at www.CE.org, www.DeclareInnovation.com and through social media:

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