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Honeywell CEO on U.S. sequester: “We need the reduction”

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BOSTON (Reuters) – The United States might be better off allowing the across-the-board spending cuts of the sequester to take effect as a first step in cutting its debt, even if doing so slows the economy, Honeywell International Inc Chief Executive Dave Cote said on Wednesday.

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Post Published: 06 February 2013
Found in section: Finance