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Lockheed CEO: Washington needs to end "debilitating" fiscal cliff limbo

Thursday, December 13, 2012 - 09:21

Lockheed Martin CEO Robert Stevens tells Reuters that going over the fiscal cliff - meaning deep ''sequester'' cuts to defense and tax hikes - would likely trigger a long-term negative reaction in financial markets. If the cliff is avoided, Steven says a ''virtuous cycle'' of growth awaits the U.S. economy, fueled by liquidity and global demand. (December 13, 2012)

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Lockheed CEO: Washington needs to end "debilitating" fiscal cliff limbo

Thursday, December 13, 2012 - 09:21