With the fiscal cliff looming, an all-star group of CEOs wants both parties to get serious about the deficit. The fix they're calling for will be tough for both parties to swallow.
Not everything in the economy hinges on who wins in November. Whether it's President Obama or President Romney — we're predicting three things are certain by 2016.
GOP vice-presidential candidate Paul Ryan wants to slash the deficit through major spending cuts. A similar plan is already being carried out in the UK.
That's grown from $9.2 billion. The $16 billion is in projected spending, and that would be more than the money that could come in. Gov. Jerry Brown is expected to talk about the details later today.
