Obama to appeal to business leaders on raising the debt ceiling

President Obama will appeal to business leaders on Wednesday, calling on them to press lawmakers to raise the U.S. debt limit during “fiscal cliff” negotiations.

Obama, who will meet with executives from the Business Roundtable on Wednesday, hopes to avoid another protracted fight over the debt ceiling and has sought to include it in ongoing deficit talks.

“The president will highlight why it would hurt our economy and our nation’s businesses if we do not find a solution to avoid another debt-ceiling crisis, and will ask the business leaders for their help in supporting an approach that resolves the debt limit without drama or delay,” said a White House official, according to a report from Reuters.