Friday, 27 September 2013

Economy News Headlines - Yahoo! News: CEOs take familiar, frustrating path to Washington on budget woes

Economy News Headlines - Yahoo! News
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CEOs take familiar, frustrating path to Washington on budget woes
Sep 27th 2013, 22:19

David Cote, chairman and chief executive of Honeywell, speaks during The Economist's Buttonwood Gathering in New YorkBy James B. Kelleher and Patricia Kranz (Reuters) - Some of America's leading CEOs are beating a familiar path to Washington to support efforts to avert a government shutdown and raise the U.S. borrowing limit, warning lawmakers that the threat of the first debt default in the country's history is damaging the economy. The business leaders, all members of a group called "Fix the Debt," said they went to Capitol Hill last week with a simple message for Republicans and Democrats, but it is the same as the one they delivered in budget standoffs of 2011 and 2012. ...


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