• White House budget reflects balanced, responsible approach
  • European economy to be in the doldrums for some time
  • Global economy still soft
  • No objection to tax reform, simplification
  • Can’t get enough revenue without higher rates
  • Fiscal cliff could be solved in a week
  • Putting off full solution is a bad strategy
  • Can’t afford another debt ceiling crisis
  • Can’t tie negotiations to debt ceiling; I will not play that game
  • Can deal with tax reform other issues next year

Speaking with CEOs in Washington.