Business Leaders to Obama: Go Big (Cutting) or Go Home

Business leaders and former U.S. government officials urged President Barack Obama Monday to “go big” with his recommendations to a congressional panel tasked with slashing America’s debt.

In a letter to the White House, nearly 60 executives and former Treasury officials spanning several administrations said Obama should call for large-scale cuts to stabilize the U.S. debt as a share of the economy.

Read more: http://www.foxbusiness.com/markets/2011/09/12/business-leaders-to-obama-go-big-with-deficit-cuts/#ixzz1XkoMXIFQ