David Cote is president of Honeywell International. He was a member of President Barack Obama's Commission on Fiscal Responsibility and Reform, otherwise known as the Simpson-Bowles debt commission, and is now a part of "Fix the Debt," a bipartisan campaign to address the nation's fiscal challenges. In 2011, his total compensation was $37 million.
David Cote"The only time in our history when the debt has been higher than this was the end of World War II."