Top CEOs Call for Tax Increases and Spending Cuts to Tackle US Debt
Friday, 26 October 2012 08:37
Posted by David Icke
'Eighty chief executives, from companies including Microsoft, JP Morgan and GE, have waded into the presidential election campaign with a call on Washington to use tax increases and spending cuts to address the US's $16tn debt.
The intervention, less than two weeks before election day, comes as Barack Obama and Mitt Romney have faced criticism for the scant details of their financial plans to tackle America's massive debt. According to the CEOs, no solution can be found without tax hikes, which Romney opposes, and cuts to public spending.'
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