As the President prepared for a meeting this morning with some of America's top CEOs on ways to get the economy moving again, the Senate was preparing to pass the tax cut and unemployment insurance compromise, which they did by a wide bipartisan margin. The President explained why he hoped the House would do the same:
I am absolutely convinced that this tax cut plan, while not perfect, will help grow our economy and create jobs in the private sector. It will help lift up middle-class families, who will no longer need to worry about a New Year’s Day tax hike. It will offer emergency relief to help tide folks over until they find another job. And it includes tax cuts to make college more affordable; help parents provide for their children; and help businesses, large and small, expand and hire.
The President also explained what he was hoping to focus on in the meeting:
Joe Biden Joe Lieberman John Barrasso John Cornyn John Edwards
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