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November 19, 2012

Obama calls business leaders about fiscal cliff

Just before he began his trip to Asia, President Obama called business leaders to talk to them about ways to avoid spending cuts and tax increases at the end of the year that may trigger a recession.

He spoke to: Warren Buffett; Tim Cook, CEO of Apple; Jamie Dimon, CEO of JPMorgan Chase; Jim McNerney, CEO of Boeing; and Craig Jelinek, CEO of Costco.

Obama met with congressional leaders before on Friday before he left for a four-day, three-country trip to Asia.



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"Planet Washington" covers politics and government. It is written by journalists in McClatchy's Washington Bureau.

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