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GM CEO on Debt Ceiling Debate, Spending Cuts
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GM CEO Dan Akerson on the need for compromise over the debt ceiling and the need to rein in government spending.
- Duration 3:53
- Date Jan 15, 2013
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GM CEO Dan Akerson on the need for compromise over the debt ceiling and the need to rein in government spending.
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-- the battle of the pick up trucks heating up with.
Ford unveiling a concept version of its top selling F 150 is it enough to fend off competition from the likes of GM to have plot.
Is that the North American auto show in Detroit with the latest of what's what do you -- -- you're right there.
Well Alitalia I'm right here with that truck this is the -- and I think we've got pictures.
Of the unveiling his well what -- did that -- unveil has come back to Detroit they dropped this from the roof of the -- Louis arena.
And this is their attempt to kind of upstage GM's introduction of their new trucks about a month ago so it's checkmate -- -- Natalia -- has had.
A very good show I -- -- I mean GM has had a very good show.
Starting I think with the Cadillac -- are that was released today.
Unveiled the new electric Cadillac.
We talked to Bob Ferguson with that Cadillac he's the F.
Brand ahead worldwide for Cadillac and he said today.
It's going to be available in one year's time in dealerships electrified Cadillac just like.
You know the Chevy Volt people have no range anxiety because -- have a back up and -- More importantly though Dan Akerson.
CEO of GM talking exclusively to us in the Fox Business Network about the debt ceiling Akerson saying.
I am all for spending cuts we have a spending problem in this country but.
Holding the debt ceiling hostage is not the way to deal with that take a listen.
Yeah the uncertain in Washington this troublesome what message would you send to the present to the congress.
A -- get a ton.
Well I'd like to be a little more respectful than that I'd say got to find common ground for the good of the country and that doesn't mean that you can.
There's no -- win -- gotta be win win for both.
Both political spectrums -- that if they don't extend the debt ceiling does that damage the economy.
Beyond what you want to see.
I don't know exactly what the damage would be.
I think it's clear I think both the president and congress know we have a spending problem.
And so I don't think you can.
Hold.
One aspect of -- sequestered part of the budget or the limit.
On the national debt hostage.
To.
The good of the country and economic progress would have people holding that hostage.
I -- -- Dan Akerson exclusively on the Fox Business -- for network talking about the debt ceiling.
I want to leave you with one picture perhaps the sexiest on -- of the show it was the first unveil.
And that was the Chevy.
Corvette the seventh generation and that's what I things Dan Akerson is concerned about launching all these big products.
And if you get a problem in Washington.
This is my favorite by the way that's an F one pick up.
The F 150s now this is an -- one that's what I would drive if I had my way.
Jeff you -- -- that beautiful stingray during our hour yesterday and I went -- -- frankly I -- fifty -- I do think we should share every other weekend.
That's something I think we're gonna have to do -- we should find a couple of people to share will.
How Charlie and I added one that no I love -- and I don't know -- -- -- in -- What's new what's old is new immigrants say it it having a little retro feel to -- -- now.
The deal isn't the government the actual original that's so that's that that's an oatmeal one about is -- real aren't assessed though there you -- thinking is good -- They should bring that back bill I would -- -- -- guy today -- that was there.
-- -- -- -- -- -- -- lipstick though Gloria you know -- the dip stick is on the truck I'm.
-- don't -- I'm gonna have to -- now that we got yeah can't say I didn't get involved are.