CEOs urge Congress to raise taxes, cut spending

Hey folks, this is Obama’s plan to responsibly reduce the deficit. I bet the Romney/Ryan campaign feels betrayed by these CEOs. Let’s face it, Wall Street sees the handwriting on the wall. In other words, an Obama victory on November 6th. Maybe in term two of the Obama presidency he’ll have a Congress that will cooperate. Get rid of the Tea Party Congress, and then maybe the country wll have a chance to move FORWARD.

“CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. …The group endorses the proposals of a special bipartisan commission that called for about $3 in spending cuts for every $1 in tax increases to save around $4 trillion.”

http://www.cbsnews.com/8301-505143_162-57540483/ceos-urge-congress-to-raise-taxes-cut-spending/

CBS/AP/  October 25, 2012, 3:39 PM