WASHINGTON (CNN) - President Obama invited CEO's to meet with him Tuesday. Was it an effort to mend fences with the business community, or an opportunity to discuss ways to grow the economy, or was it both?
Check out Dan Lothian's report on the meeting.
Washington (CNN) - The Senate approved a controversial $858 billion tax cut package Wednesday, overwhelmingly voting to extend the Bush-era tax reductions despite a series of objections from both the left and the right.
The measure, which passed 81-19, now advances to the House of Representatives.
The House will take up the bill Thursday, according to Majority Leader Steny Hoyer, D-Maryland.
The package includes a two-year extension of the Bush-era tax cuts set to expire December 31. It also would extend unemployment benefits for 13 months, cut the payroll tax by 2 percentage points for a year, restore the estate tax at a lower level and continue a series of other tax breaks.
Check out the complete story on CNN Politics.
From CNNMoney writer Charles Riley:
NEW YORK (CNNMoney.com) - Twenty CEOs will meet with President Obama on Wednesday for a discussion that will cover trade, clean energy, the deficit and tax code reform.
The meeting is a highly visible example of the commitment Obama made to improve relations with the business community.
The CEOs come from a wide range of industries, and the list includes a few surprises.
For the full story, click here.
WASHINGTON (CNN)– President Obama starts his Wednesday off with making a statement to the press on the economy and previewing his meeting with CEOs before he walks across Pennsylvania Ave. to meet with those business leaders in the Blair House. That discussion is closed to the press but guidance from the White House says they will talk about trade, clean energy, the deficit and tax code reform among other topics.
Later in the afternoon, President Obama will be meeting with Secretary of State Hillary Clinton. That meeting is also closed to the press. We'll update you on any additional happenings on the White House campus.