President speaks at black history museum groundbreaking![]() WASHINGTON (CNN) – The Smithsonian Institution officially began construction Wednesday on a new museum dedicated to African American culture and heritage – a complex committed to the celebration and study one of the central components of the American story. Construction of the Smithsonian's 19th museum, the National Museum of African American History and Culture – to be located on the National Mall – is expected to last three years. The museum is slated to open in 2015. The nation's first black commander-in-chief, President Barack Obama, delivered remarks and spoke of the importance of the museum’s location. “It was on this ground long ago that lives were once traded, where hundreds of thousands once marched for jobs and for freedom. It was here that the pillars of our democracy were built, often by black hands,” the president said. “And it is on this spot –- alongside the monuments to those who gave birth to this nation, and those who worked so hard to perfect it –- that generations will remember the sometimes difficult, often inspirational, but always central role that African Americans have played in the life of our country.” President reaches out to Catholics on Ash Wednesday![]() On this Ash Wednesday the president and first lady sent out the following greeting:
The statement, aimed at the over 75 million Catholics in the United States, will likely also be welcomed by those in the Obama Administration including Vice President Biden, HHS Secretary Kathleen Sibelius and Deputy National Security Advisor Denis McDonough. Obama to offer corporate tax reform plan![]() WASHINGTON (CNN) - The Treasury Department will unveil President Barack Obama's corporate tax reform plan Wednesday - a framework that would reduce the overall rate paid by corporations, a senior administration official told CNN. The president's tax plan is intended to "enhance American competitiveness by simplifying the tax code and eliminating dozens of tax loopholes and subsidies, incentivizing job creation and investment here at home and lowering the business rate while broadening the tax base," the official said. The proposal calls for lowering the overall corporate tax rate from 35% to 28%, and the effective rate for manufacturing to 25%. The official, who laid out the plan's broad framework for CNN, said the proposal is essential to fixing a system that is "uncompetitive, unfair, and inefficient." The official told CNN the lower rate would be largely funded by eliminating dozens of tax loopholes and subsidies, and broadening the business tax base. Smithsonian breaking ground on black history museum![]() WASHINGTON (CNN) - The Smithsonian Institution will officially begin construction Wednesday on a new museum dedicated to African American culture and heritage - a complex committed to the celebration and study one of the central components of the American story. The nation's first black commander-in-chief, President Barack Obama, will deliver remarks at the 10 a.m. groundbreaking ceremony for the National Museum of African American History and Culture. Former first lady Laura Bush is also scheduled to attend. Construction of the Smithsonian's 19th museum - to be located on the National Mall - is expected to last three years. The museum is slated to open in 2015. Hollywood star announced as one Obama campaign national co-chair![]() The Obama campaign announced its national co-chairs and one Hollywood star makes the list. Desperate Housewives' star Eva Longoria will be one of the 35 national leaders of the campaign. The star, who has visited the White House on several occasions and been a supporter of President Obama, joins a group that includes mostly politicians and business leaders. Former presidential first daughter Caroline Kennedy is among the list as well as several everyday Americans who have volunteered for the campaign. Click here to see the entire list, as released by the Obama for America campaign: POTUS's schedule for Wednesday, February 22, 2012![]() President Obama focuses his day, at least his public schedule, on the groundbreaking ceremony for the National Museum of African American History and Culture. The ceremony takes place this morning across the street from the White House grounds. The new museum, which isn't expected to open until 2015, will be located on the National Mall between the Washington Monument and the National American History Museum. President Obama will deliver remarks at the event emceed by Phylicia Rashad, better known as Claire Huxtable from the Cosby Show. Opera singer Denyce Graves will also be performing at the event. In the afternoon, the president and Mrs. Obama will host a reception in the East Room in honor of the groundbreaking. That event is closed to the press. For the full schedule, released by the White House, click below. FULL POST Obama adds his voice to White House blues jam![]() After a night of blues music in the East Room, President Obama joined some rock and blues legends in a rendition of "Sweet Home Chicago." CNN Wires has the story:
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