Mitt Romney : 80 Obama CEOs signed letter seeking balanced , partisan plan to tame debt . Congress has not passed a budget under his watch . 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 .
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 .