CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. The deficit and how to tame it has become a key theme in the presidential campaign.
They warned in a statement issued Thursday that the uncertainty spawned by the deficit, which has topped $1 trillion for four consecutive years, is dampening businesses' hiring and investment and stifling the fragile economic recovery.
The CEOs said the solution requires a combination of higher taxes and reduced government spending including on entitlement programs such as Medicare and Medicaid. They also seek federal investment in infrastructure and math and science education.
Interesting they are requesting what Obama is suggesting...
I'd say more like "by this afternoon"... The perfectly lubricated weathervane is all but in the "witness protection program", along with Lyin'-Ryan, and won't answer any questions anymore until after the election... (It's called the "Sharron Angle Strategy"...It worked pretty good for Christine O'Donnell too!) So, they'll trot out the robots every now and then to regurgitate talking-points, but they won't be able to "take any questions." So, I look for a "press release" from Rov...er, "The Candidate", any minute now taking credit for what the CEOs are suggesting.
Gee, and that's on top of the $5 Trillion in Debt that the Idiot Son ran up with two unpaid-for unnecessary wars, unpaid-for tax-cuts for the wealthy, unpaid-for drug benefits programs, and no-bid contracts for his buddies....
Democracy4Sale wrote: Gee, and that's on top of the $5 Trillion in Debt that the Idiot Son ran up with two unpaid-for unnecessary wars, unpaid-for tax-cuts for the wealthy, unpaid-for drug benefits programs, and no-bid contracts for his buddies....
Who knew?
:faint: Sure you aren't talking about BHO? No-bid contracts, continuing the Bush tax cuts, record number on food stamps and disability, entitlements increasing at a record rate.
Thomas Sowell: There are no solutions, just trade-offs.
I've said this before, maybe I should be a CEO. The uncertainty and gridlock is much more damaging than what the actual rates and spending cuts are. A whole bunch of business credits expire in 2012 too.
Meanwhile our "PAID" politicians are out campaigning instead of doing their jobs. SOBs
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
The uncertainty and gridlock is much more damaging than what the actual rates and spending cuts are. A whole bunch of business credits expire in 2012 too.
