July 18th, 2011
04:06 PM ET
Powell talks education General Colin Powell and his wife Alma were at the White House today to talk about education with business leaders and administration officials. The topic of the roundtable discussion was how to build on government and business partnerships aimed at improving the American education system. After the meeting General Powell explained why the education system needs help now, " A quarter of our kids don't finish high school, but a more troubling statistic is that 50 percent, roughly, of our minority kids are not finishing high school. And in one generation our minorities in America. African-Americans, Hispanic, Asians and Indian Americans will be over 50 percent of the population. " "So we have a challenge in front of us, and all of America has to come together to work on that challenge" he added. a list of attendees after the jump 
July 18th, 2011
12:26 PM ET
Secret weekend meeting As had been speculated, turns out President Obama did meet with House Speaker John Boehner and House Majority Leader Eric Cantor Sunday at the White House, a Boehner aide confirmed to CNN's Kate Bolduan. Boehner spokesman Michael Steele added, "As we said throughout the weekend, the lines of communications are being kept open. But there is nothing to report in terms of an agreement or progress. We believe cut, cap and balance represents the best path forward, and we are looking forward to the House vote on it tomorrow.” 
July 18th, 2011
12:12 PM ET
Debt ceiling PR - Who's ahead?When it comes to the debt ceiling debate, it looks like President Obama is winning the PR game over members of Congress - though it could be a hollow victory. In a new poll, CBS asked how each is handling the negotiations: 48 percent gave Obama a thumbs down while 71 percent disapprove of what Congressional Republicans have done. Fifty-eight percent also disapprove of how Congressional Democrats have acted. The takeaway: No one appears to be benefiting from these drawn out negotiations. CNN's Paul Steinhauser has more of the details: 
July 18th, 2011
08:26 AM ET
Debt ceiling: 15 days and countingOnly 15 days remain until the August 2 deadline that Treasury Secretary Timothy Geithner has said is the latest the United States can pay its bills before raising the debt ceiling. After days of high-profile negotiations that appeared to hardly move the needle on a deal, it's back to the drawing board this week. As of now, no White House pow-wows with the president and congressional leaders are on the official schedule, though White House advisers say that could easily change. It's also unclear the extent to which the president engaged in the issue over the weekend. The latest from CNN's Tom Cohen:
More HERE 
July 18th, 2011
08:00 AM ET
Obama's day ahead: July 18, 2011Good Morning from the White House. President Obama's one public appearance today will come in the Rose Garden at 1:05 p.m. when he is expected to announce former Ohio Attorney General Richard Cordray as the new head of the Consumer Protection Bureau. The year-old bureau had been de-facto led by Harvard Law professor Elizabeth Warren, but the White House determined she would not win a confirmation battle in the Senate due to overwhelming GOP opposition. Also on the president's schedule is a meeting with some of this country's most wealthiest individuals to champion the cause of charitable giving. Among those in attendance will be investment tycoon Warren Buffett and Microsoft founder Bill Gates. Obama will then host what the White House is calling "an education roundtable" with business leaders as well as Education Secretary Arne Duncan, and top White House policy adviser Melody Barnes. Also in attendance will be former Secretary of State Colin Powell and his wife Alma. Finally, the president will mark the one-year anniversary of the Dodd-Frank financial regulatory reform bill by getting a run down of the law's implementation from heads of financial regulatory agencies. Full schedule after the jump: |
  |
||
|
|
||
