Obama seeks to mend fences with big business
WASHINGTON (AP) - President Barack Obama continues his efforts
to make peace with big business Monday with a speech at the U.S.
Chamber of Commerce.
The president fought tooth-and-nail with the chamber over things
like health care and the financial overhaul. But in his
post-election outreach to big business, he's trying to change all
The president has made a point of reaching out to business, from
including key tax breaks in the December tax compromise, to naming
GE's Jeffrey Immelt to head a new competitiveness council.
Previewing the speech in his weekly radio and Internet address,
Obama said bolstering the economy requires that Washington and
business work together.
Obama's view of corporate responsibilities includes an
obligation to invest and hire in the U.S.
(Copyright 2011 by The Associated Press. All Rights Reserved.)