Mitt Romney : 80 Obama CEOs signed letter seeking balanced , partisan plan to tame debt . He says John Avlon has refused to consider a plan that includes revenue increases . Obama says the $ 1.2 trillion debt is too big to be tackled through spending cuts alone . He says CEOs want something like Bowles-Simpson plan , and Obama is closer to it .
John Avlon : 80 U.S. CEOs signed letter seeking balanced , partisan plan to tame debt . He says Mitt Romney has refused to consider a plan that includes revenue increases . Avlon says the $ 16 trillion debt is too big to be tackled through spending cuts alone . He says CEOs want something like Bowles-Simpson plan , and Obama is closer to it .