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FBN’s Charlie Gasparino on the CEOs who were invited to the White House to talk about the business community’s concerns about the fiscal cliff.
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And that's what.
Anyway yeah.
What CEOs are going to the big fiscal cliff meeting at the White House I guess they're right here you got the list of course a couple of.
What we should point out this is a preliminary list okay this is the finalists is when they all showed up with according to preliminary list.
Lot of usual suspects some people like where -- the last time -- remember pres Obama.
Spoke with I guess business leaders when he first got in 2008 that included a lot of bankers -- -- Jamie Dimon was -- was at that gathering.
Jamie Dimon is not at this -- and to -- his rhetoric.
There at the closest thing you have to a banker is dead event Amex through -- CEO of America's presence there.
John Rogers we should point out that the others are on the -- of that -- Xerox Honeywell Dave Cote.
Coat that was Tom cook tea I don't know I it's -- trying to French make.
Cody Cody Cody.
Wal-Mart forward.
PepsiCo IBM Chevron.
American Express has appointed up Procter & Gamble and GE as you know that -- Jeffrey Immelt to head of his jobs council kind of is -- Jeffrey Immelt.
And and mr.
Cody we're headed this thing called the campaign affixed to debt that's prodding the president to do for prime congressional leaders and the president to come to some sort of agreement that not only avoids the fiscal cliff that's coming -- social automatic spending and defense cuts and lots of other cuts that a lot of people say.
Could cause a recession when they kicked in the eyes are scheduled to kick -- before the end of the year.
If there's no budget deal -- also -- about the debt problem we have sixteen billion dollars in debt she's sixteen trillion dollars and we wish it was 1000000016 trillion and growing.
And so that's with all this is wrapped up a lot of rep wrapped up on.
Again the list is kind of the usual suspects Geoffrey about.
-- interest in in the sense that ID behind the scenes he's he told friends and we were first report this.
That he's actually supporting Mitt Romney.
As you know GE gets a lot of perks from from the don't -- administration wind solar and all that clean energy stuff he was he's the chairman of the president's jobs council.
He's going to be at this thing access shows that makes it still streets that -- that is to me that's as easing yeah right I mean you know as you know.
As you know that I guess the the sort of leader of Wall Street we would have a like a spokesman would obviously be Jamie diamond Jamie Dimon was extremely critical.
Of the president particularly behind the scenes and he basically told people.
You know it Jamie -- because he's on the Federal Reserve board.
He does not -- you know in in kind contributions but I mean any at all his body movement was like.
Whatever you can -- Mitt Romney and we you know this guy is bad for business based on Dodd-Frank and some -- things that.
The president has done so Jamie's on the list but need I guess -- the closest to god as the gentleman from American Express this things that occur Wednesday.
As we know there's what happened days left before this fiscal cliff effect on us with some some graphic -- said.
-- -- -- as the calendar organized.
Yeah we got an all why is the fiscal -- -- a big thing what is Wall Street but a big businesses don't like it.
Don't like because possibly if it happens you know the market's gonna crater and -- going -- recession -- for those cuts kick -- I will say this.
This is the sort of they -- negative about this meeting it's all big business leaders he's meeting with the union's first tomorrow.
Corporate America like big time corporate American the next it was going to be with small businesses.
We remembered the president's tax Clinton up 49 if the president's tax plan -- three calls for increasing on people making 250 and above those of families 20200.
Individual.
You know those are small businesses -- file as individuals you know they get hammered out what is.
You know chip in -- -- few raises taxes from the current read a few more and -- and we need to -- a lot of money.
Small businesses get screwed they're not representing it.
And it represented in this in this in this debate at least as far as like -- it could see we will have the complete list as it is now the brightest of preliminary complete list.
On foxbusiness.com.
I wrote a story should be a moment -- -- are right up right now.
Charlie -- bring -- great stuff thank you very much appreciate it.
