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Congress

Obama Meets With Tech, Other Business Leaders

December 15, 2010

President Obama will meet Wednesday with nearly two dozen CEOs from some of the nation's top companies including some tech and telecom executives to discuss among other things ways to keep the economic recovery going.

Among those expected at the closed White House meeting include Motorola co-CEO Greg Brown, Cisco CEO and Chairman John Chambers, Kleiner Perkins Caufield & Byers Partner John Doerr, Intel CEO Paul Otellini, Comcast CEO and Chairman Brian Roberts, and Google Chairman and CEO Eric Schmidt.

"The President wants to hear from them about what they see in the road ahead for the economy, and ideas that they have on continuing our economic recovery," White House Press Secretary Robert Gibbs said Tuesday at his daily briefing.

He added that, "I think the president will want to have a discussion about what steps -- I think whether it's something like the business expensing or the research and experimentation tax credit continuity -- that are important certainty for business. And the president will want to know, just as they'll want to know what steps we're taking to ensure that those tax credits are there, that what steps are they going to take as they see an economy get stronger and as demand picks up, how they're going to structure and invest."

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