February 7th, 2011
09:23 AM ET
By CNNMoney Staff Reporter Charles Riley
NEW YORK (CNNMoney) - President Obama made the case Monday to business leaders that ramping up spending on education and infrastructure will promote economic growth and put the economy back on track.
"We need to out-innovate, out-educate and out-build our competitors," Obama told the U.S. Chamber of Commerce. "We need an economy that's based not on what we consume and borrow from other nations, but what we make and sell around the world."
Obama spoke before 200 members of the U.S. Chamber of Commerce, a group that hasn't always been on friendly terms with the administration.
The president acknowledged the tensions, telling members of Washington's most powerful business lobby that "we've had some pretty strong disagreements." But the president also sought common ground, noting that the Chamber supported the 2009 Recovery Act.
February 7th, 2011
05:43 AM ET
The highlight of the president's schedule today will be his remarks to the U.S. Chamber of Commerce, the most influential business lobby in Washington. The relationship between Obama and the Chamber was somewhat chilly during the first two years of his administration, but today's remarks are seen by some as part of an ongoing thaw in relations between the White House and the business community. When he returns to the White House, the president will have lunch with Paul Volcker, the former chairman of the White House Economic Recovery Advisory Board.
Here is a rundown of the president's schedule as released by the White House:
9:30AM THE PRESIDENT receives the Presidential Daily Briefing
February 3rd, 2011
03:43 PM ET
STATE COLLEGE, Pennsylvania (CNN) - Last week, President Obama was given a Green Bay Packers jersey before he delivered a speech on the economy in Wisconsin. "They're rubbing it in," the Chicago Bears' Fan-in-Chief then joked, referring to his hometown team's recent loss to the Cheeseheads in the NFC championship game. This week, just days before the Super Bowl, the politics of football may have brought the president to central Pennsylvania, aka “Steelers Nation,” to talk innovation and green energy. FULL POST
January 5th, 2011
04:32 PM ET
WASHINGTON (CNN) - In yet another sign of President Obama's outreach to the business community as he deals with the new balance of power on Capitol Hill, officials at the U.S. Chamber of Commerce confirmed Wednesday that Obama will address the organization in a major speech on Feb. 7.
"He's going to come here and give a speech on jobs and the economy," Tom Collamore, senior vice president of communications at the Chamber of Commerce told CNN. "That a big priority for the President and it remains the top priority for the Chamber and the business community."
Announcement of the Obama speech – amid speculation that he may tap the business-friendly Bill Daley of JP Morgan Chase to serve as the new White House Chief of Staff – is a clear sign that the White House is ramping up its efforts to work with the business community after a sometimes-testy relationship.
"The President will discuss his commitment to growing the economy and making America more competitive and the importance of working together to create jobs,” White House spokesman Jen Psaki said of the speech.