80 CEOs To Obama And Romney: Spending Cuts And Tax Hikes Unavoidable To Fix Deficit

In a strong political statement from the private sector, more than 80 CEOs from major U.S. corporations penned a release urging Congress to get its act together and find a bipartisan solution to the coming fiscal cliff.  But they went farther, rather than asking Washington to find a solution, the chief executives of companies like General Electric, Boeing, Verizon, Aetna, and Goldman Sachs said raising taxes is unavoidable, but that it must come accompanied by “significant spending rest...