By Peter Schroeder - 07/22/11 03:57 PM EDT
However, the group steers clear of weighing in on any the specific points of contention bedeviling debt-limits talks, such as potential tax increases or cuts to entitlement programs.
Rather, the group simply maintains that something needs to be done sooner rather than later.
"What America needs from Washington is action, not more gridlock," it said.
The fight over crafting a package to raise the $14.3 trillion debt limit while reducing the deficit has been all-consuming for Congress in recent weeks. However, a deal remains elusive, even as the Treasury Department warns the limit must be raised by Aug. 2 to avert an economic catastrophe.