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Defense CEOs Urge Congress To Reach ‘Framework’ Agreement

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A group of defense industry CEOs called on Congress yesterday to produce a framework agreement that would include a combination of tax increases and spending cuts to avoid sequestration and stabilize the nation’s fiscal situation. “It has to be a balanced set of actions,” Northrop Grumman CEO Wes Bush said during a press conference at the National Press Club. “We have to have all of the variables on the table and it has to be pragmatic.” Bush was joined by…

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