WASHINGTON (AP) — Decrying the human toll of the nation's economic and financial crisis, a group of corporate and labor leaders advising President Barack Obama is calling for sweeping and urgent changes in government policies, from liberalized immigration and less restrictive regulations to a more business friendly tax system and greater spending on infrastructure.
In tackling the nation's economic crisis and its stubborn 9.1 percent unemployment rate, the president's Council on Jobs and Competitiveness is putting the names of some of the country's top corporate CEOs as well as the head of the AFL-CIO behind proposed initiatives and policy overhauls sure to please and irritate Democratic and Republican partisans alike.
The council, headed by GE Chairman and CEO Jeffrey Immelt, will release its 50-page report Tuesday during a meeting with Obama in Pittsburgh. The Associated Press obtained a copy of the report Monday night.
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