Fiscal Cliff

Obama Wants Business Leaders to Lobby Lawmakers on Raising Debt Ceiling

Cronyists?

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President Obama will appeal to business leaders on Wednesday, calling on them to press lawmakers to raise the U.S. debt limit during "fiscal cliff" negotiations.

Obama, who will meet with executives from the Business Roundtable on Wednesday, hopes to avoid another protracted fight over the debt ceiling and has sought to include it in ongoing deficit talks.