(Bloomberg) White House officials have quietly lobbied Wall Street and the business community over the last several months to support President Barack Obama’s plan to impose higher taxes on the wealthy to cut the deficit and avert going over the fiscal cliff.
Treasury Secretary Timothy F. Geithner, Jeff Zients, acting director of the Office of Management and Budget, as well as Chief of Staff Jack Lew and National Economic Council Director Gene Sperling, were key administration officials dispatched before the election to meet with top business and finance leaders, according to people familiar with the meetings.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access