CEOs Warn Obama of Dangers Posed by Fiscal Cliff: Twelve prominent CEOs, many of whom have warned against the dangers of raising taxes on those making over $250,000 and creating more economic uncertainty, met with President Barack Obama on Wednesday to discuss the looming fiscal cliff.
There were no CEOs from defense-related industries at the meeting, even though sequestration will occur if no deal is reached on the budget during Congress's lame-duck session.
The group included prominent donors to Democrats and Republicans. Three of the attendees -- General Electric's Jeffrey Immelt, Xerox's Ursula Burns, and American Express's Kenneth Chenault -- are on Obama's Jobs Council, which Immelt chairs.
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