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Walmart’s CEO, Mike Duke to DC: Avoid the Fiscal Cliff

Walmart Stores Inc., the world’s largest retailer, stepped into the fiscal cliff debate on Wednesday, giving lawmakers a window into how the Washington policy debate is affecting everyday American consumers. Typically careful when weighing in on politics or policy, Walmart CEO Mike Duke released a statement calling on Congress and the White House to find an agreement and avoid the fiscal cliff before the end of the year. Mr. Duke had joined other CEOs in Washington to meet with the president over the matter. “In many ways, Walmart’s customers are at the center of this debate,” Mr. Duke said. “They are shopping for Christmas now and they don’t need uncertainty over a tax increase.”

Read more at the Wall Street Journal: Washington Wire

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