Honeywell CEO puts national debt into perspective

November 20, 2012 4:15 PM

Dave Cote was on the Simpson Bowles Commission that worked out a plan to balance the country's budget. Scott Pelley spoke with the Honeywell CEO to get his perspective on how bad the debt is compared to the overall size of the economy.

Honeywell CEO: U.S. must address Medicare, Medicaid

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