The Fix the Debt CEOs, who are dedicated to pushing Washington toward a deficit-reducing 'grand bargain,' say they were appalled by the reckless debate over the debt ceiling in 2011.
A dozen CEOs and business leaders rang the opening bell at the New York Stock Exchange Thursday morning with a message for lawmakers in Washington: Come November, you’re going to be hearing a lot more from corporate America about getting the nation’s finances in order.
The business executives were visiting the heart of global capitalism to kick off the more than 80-strong CEO Council of the Fix the Debt campaign.
Fix the Debt, an offshoot of a Washington think tank, is committed to pushing Washington toward a deficit-cutting “grand bargain” to solidify America’s finances for the next several decades.
Fix the Debt was co-founded by former Clinton White House chief of staff Erskine Bowles and former Republican Sen. Alan Simpson, who together co-chaired the bipartisan National Commission on Fiscal Responsibility and Reform at the behest of President Obama.
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