March 2, 2015 SIGN IN | REGISTER

Obama Set to Meet Business Leaders

Chris Maddaloni/CQ Roll Call File Photo
Obama plans to sit down with a dozen chief executives to hear their ideas about how the nation can avoid the tax increases and program cutbacks known as the fiscal cliff.

Many business leaders were also appalled by last summers brinkmanship over the debt ceiling, although they largely refrained from criticizing congressional Republicans.

A senior financial industry lobbyist suggested that this years fiscal confrontation might play out in a similar way and that despite the fiscal cliffs threat to the economy, business groups are unlikely to lean heavily on GOP lawmakers to accede to Obama.

Itd be a tough position to put ourselves in, the lobbyist said. Theyve been helpful.

Kate Ackley contributed to this report.

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