Corporate leaders pressing for a solution to the so-calledfiscal cliff will make their case at the White House and theCapitol a day after Senate Majority Leader Harry Reid lamented thelack of progress toward a deal.
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfeinis among the executives scheduled to meet with President BarackObama today. The president is trying to enlist business support forhis campaign to extend tax cuts for middle-income Americans whileletting rates rise for top earners.
House Speaker John Boehner, an Ohio Republican, plans to meetseparately today with Blankfein and other CEOs. Congress and thepresident are negotiating on ways to avoid the cliff, consisting of$607 billion in tax increases and spending cuts scheduled to beginin January.
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