Top CEOs join in calling for reduction of US deficit

Chiefs executive of dozens of the most powerful US companies have banded together to demand the government urgently reduce the country’s debt and deficit, less than two weeks ahead of the presidential election.

Executives of companies like Boeing, General Electric, JPMorgan Chase, Microsoft and Merck issued a letter calling for a plan that both raises tax revenues and reduces spending — issues that divide Demo-crats and Republicans.

“It is urgent and essential that we put in place a plan to fix America’s debt,” the more than 80 CEOs said in their statement, released to The Wall Street Journal.