Obama keeps message on economy during Florida stop
President Barack Obama speaks about trade policies with Latin America at the Port of Tampa in Tampa, Florida, April 13. Later today, Obama travels to the Summit of the Americas in Cartagena, Colombia.
April 13th, 2012
02:23 PM ET

Obama keeps message on economy during Florida stop

Tampa, Florida (CNN) – Touching down in the key campaign state of Florida for the second time this week, President Obama pledged to further promote trade with Latin America and unveiled a new federal program to aide small businesses exporting south of the border.

“In Latin America alone in the last decade, tens of millions of people have stepped into the middle class,” Obama said to a group of small business owners at the Port of Tampa. “That means they have more money to spend, we want them to spend more money on American-made goods. “

The quick visit to Tampa comes ahead of the president’s visit to Cartagena, Colombia later this evening, where he will attend the Summit of the Americas. The two-day gathering with leaders from the Western Hemisphere will specifically focus on economic and trade issues in Latin America.

While I am in Colombia talking to other leaders, I am going think about you,” the President told the group. “I want to sell our stuff and put Americans back to work.”

The summit also provides the president with a convenient opportunity to promote issues that his campaign no doubt hopes will resonate with certain Hispanic voters, specifically development in Central and South America and more federal assistance to businesses that have trading relationships with countries there.
FULL POST


Topics: Florida • Hispanic Vote • President Obama • Trade
Tax day for POTUS
(photo credit) Aaron Cooper/CNN
April 13th, 2012
12:07 PM ET

Tax day for POTUS

NEW YORK (CNNMoney) - President Obama and the first family saw their income drop by almost $1 million in 2011 as sales from his best-selling books slowed.

The Obama family, in tax returns released Friday by the White House, reported an adjusted gross income of $789,674 for 2011, down from $1,728,096 in the previous year. The family income topped $5.5 million in 2009.

The president earns a salary of $400,000 for his day job. His total earnings are much higher because his books - "Dreams From My Father," and "The Audacity of Hope" continue to attract buyers.

The Obamas reported paying $162,074 in federal taxes. They donated $172,130, or 22% of their income, to 39 different charities.

Obama is donating the proceeds from his latest book, "Of Thee I Sing," to a Fisher House scholarship fund for children of fallen and disabled soldiers. This year, the contribution was $117,130.

Vice President Joe Biden and his wife Jill reported income of $379,035, but gave only $5,540 - or 1.4% - to charity.

Jay Carney, the White House press secretary, noted in a statement that Obama's 2011 effective federal income tax rate is 20.5%, and that the president's own policies would result in higher taxes for the Obama family. FULL POST

POTUS weighs in on Ann Romney flap
April 13th, 2012
08:26 AM ET

POTUS weighs in on Ann Romney flap

President Barack Obama weighed in on the controversy lighting up the blogosphere between a Democratic strategist and Ann Romney, wife of GOP presidential candidate Mitt Romney. The president told Columbus, OH television station WCMH that candidates’ wives should be off limits. Obama defended Ann Romney.

“First of all there is no tougher job than being a mom. I've watched Michelle, who for most of her career had to juggle work and family, but there were times when she was on maternity leave and I promise you that's work. So I think this was an ill-advised statement by somebody on television. It's not something that I subscribe to, and moreover my general rule is you don't talk about the spouses of elected officials because they've got a really tough job. They're out there supporting their husband or wife who have chosen to serve in public eye. Sometimes that spouse isn't volunteering for that job, but they're doing the best they can supporting somebody they love and they care about. And i think they're off limits, so on both counts it was the wrong thing to say and I haven't met Ms. Romney but she seems like a wonderful woman and I know that she's devoted her life to her family.”

Democratic strategist Hilary Rosen questioned stay at home mom Ann Romney’s qualifications to advise on women’s economic issues. (full story on CNN.com)

Morning briefing
April 13th, 2012
08:21 AM ET

Morning briefing

The 1600 Report's daily roundup of what the White House is reading this morning online and in the papers:

Comment on Romney's wife keeps campaign focus on women (CNN.com)

Trade, Energy and Drugs Are Topics for Obama at Summit of the Americas (NY Times)

The real back yard -An interesting reversal in the Western hemisphere (The Economist)

North Korea rocket breaks up in flight (CNN International)

Challenges From Iran to North Korea Spotlight Old Threats (Bloomberg)

POTUS heads to FL then South America
April 13th, 2012
07:25 AM ET

POTUS heads to FL then South America

PRESIDENT OBAMA'S SCHEDULE:
9:00AM Pool Call Time

9:50AM THE PRESIDENT departs the White House en route Joint Base Andrews
South Lawn
Open Press (Final Gather 9:20AM ? North Doors of the Palm Room)

10:05AM THE PRESIDENT departs Joint Base Andrews en route Tampa, Florida
Out-of-Town Travel Pool Coverage (Call Time 8:30AM ? Virginia Gate, Joint Base Andrews)

12:15PM THE PRESIDENT arrives Tampa, Florida
Tampa International Airport
Open Press

12:40PM THE PRESIDENT tours the port of Tampa
Port of Tampa
Travel Pool Coverage

1:20PM THE PRESIDENT delivers remarks highlighting the benefits of trade with Latin America for the Tampa Bay region and communities across America before heading to Colombia for the Summit of the Americas
Port of Tampa
Open Press

2:35PM THE PRESIDENT departs Tampa, Florida, en route Cartagena, Colombia
Tampa International Airport
Open Press

COT

4:45PM THE PRESIDENT arrives Cartagena, Colombia
Rafael Nunez International Airport
Open Press

9:10PM THE PRESIDENT arrives at the base of Castillo, San Felipe de Barajas
Castillo San Felipe de Barajas
Travel Pool Coverage

9:20PM THE PRESIDENT attends a leader's dinner
Castillo San Felipe de Barajas
Closed Press

Press Secretary Jay Carney will gaggle aboard Air Force One


Topics: Daily Schedule