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This ‘Trial of the Century’ Is 100. Its Lessons Could Save the Democrats.
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A hundred years later, many religious Americans in rural areas still feel
that the cosmopolitan leaders of the Democratic Party look down on them.
3 hours ago
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... OUR WAY ! ... "Clearly a tax increase is not going to resolve the fiscal cliff," said Greg Casey, head of the Business Industry Political Action Committee, a group that funds campaigns of business-friendly candidates. Contributors include Lockheed Martin (LMT, Fortune 500), Pricewaterhouse Coopers, International Paper (IP, Fortune 500)and PPL Corp (PPL, Fortune 500).
Meanwhile, Obama officials said last month that Obama would veto any fiscal cliff package that extends the Bush tax cuts for top earners.
John Engler, a three-term Republican governor of Michigan and president of the Business Roundtable, said Congress and Obama should extend all tax cuts and delay all spending cuts for a year. Members of the Business Roundtable include CEOs of some of the nation's largest companies such as Boeing (BA, Fortune 500), Honeywell International (HON, Fortune 500), and General Electric (GE, Fortune 500).
Related: Wall Street nears election-spending record
"I think it's very important to understand: It's a lame duck session, put the emphasis on lame," said Engler. "There just isn't much time and so I think you have to be minimal."
The business leaders also denied that the election had soured their relationship with Democrats.
"An election is really a reset," Timmons said. "The American people have spoken and business community will respond to that. I think we have great opportunities to work together on a common cause."
-- CNN's Vanessa Longshaw contributed to this report.
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