Obama To Chamber Get In The Game

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Monday, February 7, 2011 - 3:49pm

President Obama tells Chamber of Commerce that businesses need to step up to help the economy.

"Let's work together" was the message from President Obama to business leaders Monday as he visited the Chamber of Commerce.

The president and corporate world have been at odds in the past, but this is part of a new softening in the administration.

"Maybe if we'd brought over a fruitcake when we first moved in we would have gotten off to a better start," he joked upon his arrival.

He offered an olive branch, reaching out to improve relations with the corporate world.

To the mostly silent crowd of business leaders, he also defended government regulation and his controversial health care law while asking companies what they can do for their country, a nudge to hire American workers.

"Today, American companies have nearly $2 trillion sitting on their balance sheets," he said. "So I want to encourage you to get in the game."

The president also vowed to lower the corporate tax rate and eliminate tax loopholes, then touched on his plans for debt reduction, another issue likely to turn into a battle on Capitol Hill.
 

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