CNBC, the cable news channel that reports on business news and Republican Party talking points, may be joining the ranks of the growing right wing Republican "debt-limit deniers".
CNBC is owned by Comcast Corporation, headquartered in Philadelphia. Comcast executive Vice President David L. Cohen has become a main fundraiser for debt-limit denier PA US Senator Pat Toomey, a Club for Growth alumnus to whom other GOP U. S. Senators look for guidance on financial matters. Toomey got into a dust up with Treasury Secretary Jack Lew during yesterday's Senate hearings.
Do we need to pay attention to CNBC's so-called business coverage (does CNBC really cover it if it does not conform to GOP talking points?) of the effort to raise the U.S. debt limit ceiling?
CNBC will have to treat the ideas of the debt limit deniers with respect what with CNBC's corporate owner's executive Vice President being a pom pom fundraiser for one of the Senate's main debt limit deniers.