Monitor Breakfast No debt ceiling crisis? Obama economic adviser sees investment boon.

A boost to long-term investment in the US may result, now that Congress appears poised to raise the national debt ceiling without provoking another showdown, says Gene Sperling of Obama's National Economic Council.

By , Staff writer

Michael Bonfigli/The Christian Science Monitor

Gene Sperling, director of President Obama's National Economic Council, responded hopefully to news that House Speaker John Boehner will allow a vote to increase the government’s borrowing cap without attaching conditions sought by some Republican legislators.