The White House and big businesses are undergoing a period of peace and reconciliation after the 2012 election, according to Buzzfeed. That's because the Obama administration would like businesses to help prod Republicans along with raising taxes in exchange for "a quick and clean resolution" to the fiscal cliff.
President Obama made his pitch to a bundle of CEOs representing a third of the Attendees representing everything from IBM to Honeywell said that the President refrained from directly asking for their support on particular policies. But they expect him to present a a formal proposal in the next few days, according to the New York Times.
It's uncertain if a cordial relationship between big business and the White House will last, but both sides stand to gain from cooperation. Robert Wolf, a former Obama aide, tells Buzzfeed both sides want to move on issues ranging from immigration to tax policy in order to make the US more competitive.Via Buzzfeed and the New York Times.