Election 2012

Everything Must Be Touched in Fiscal Debate: Blankfein

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Both spending cuts and added revenues should be part of a final agreement to the "fiscal cliff" battle raging in Washington, Goldman Sachs CEO Lloyd Blankfein said Wednesday, echoing the "balanced approach" rhetoric embraced by President Barack Obama.

Jay Mallin | Bloomberg | Getty Images

Blankfein was among a group of corporate titans visiting Capitol Hill and the White House on Wednesday as both ends of Pennsylvania Avenue debated spending cuts and revenue hikes.

(Read More: Goldman CEO Headed to White House.)

"You don't want to burden the people who are least able to afford it, [but] at the same time you don't want to disincentivize the economy and be too restrictive, and cut off growth," the Goldman Sachs chief said.