Obama will ask a new jobs council made up of business executives, labor leaders and economists how the government can change its tax, trade and regulatory policies to improve the business environment. The group meets for the first time today.
"The president is looking for good ideas that he can put into action quickly," said White House senior adviser Valerie Jarrett, the president's emissary to the business community.
Obama "wants to make sure that the federal government is doing everything that we can to foster the kind of environment where companies want to invest and grow and hire people right here in America," she told USA TODAY.
Among the efforts underway as Obama works to reset his strained relationship with business: winning congressional approval of the South Korea free-trade agreement, reviewing government regulations and linking businesses with community colleges to improve graduates' skills. Obama also wants to overhaul the corporate tax code.
Business groups such as the Chamber of Commerce want more: approval of pending trade deals with Colombia and Panama, as well as funding to improve the nation's crumbling infrastructure.Read More....
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