Honeywell chief joins business leaders in seeking "fiscal cliff" action

11/14/2012 | Reuters

Honeywell CEO David Cote is among a number of U.S. chief executives calling on President Barack Obama to take steps to prevent a "fiscal cliff" that could be devastating for the economy. "If the debt ceiling was playing with fire, this is nitroglycerine. If they go off the cliff, I think it would spark a recession that's a lot bigger than economists think," Cote said.

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