• Sat 93°F / 54°F

Senior Administration Officials Warn Business Leaders About Boehner’s Fiscal Cliff "Plan B"

Hemera/Thinkstock(WASHINGTON) -- Senior Obama administration officials met with business leaders to argue that House Speaker John Boehner’s “Plan B” could put the nation on a path to go over the fiscal cliff, a source familiar with the meeting told ABC News Wednesday afternoon.

The effort is just the latest example of the Obama administration trying to urge the Republican Party’s supporters in the business community to urge Tea Party supporters to be more willing to compromise with Democrats.

The Obama administration officials present were chief of staff Jack Lew, senior adviser Valerie Jarrett, Treasury Secretary Tim Geithner, Director of the National Economic Council Gene Sperling, and Office of Management and Budget director Jeff Zients.

The business leaders present were Tom Donohue of the U.S. Chamber of Commerce; former Michigan Gov. John Engler of the Business Roundtable; former Minnesota Gov. Tim Pawlenty of the Financial Services Roundtable; Rob Nichols of the Financial Services Forum; Marion Blakey of the Aerospace Industries Association; Lockheed Martin Chairman and CEO Bob Stevens; president and CEO of the National Association of Manufacturers Jay Timmons; and Dan Danner of the National Federation of Independent Businesses.

Copyright 2012 ABC News Radio

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.