Obama meets economic aide, talks to CEOs

AP News
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Posted: Aug 22, 2011 1:59 PM
Obama meets economic aide, talks to CEOs

A vacationing President Barack Obama has been meeting with a key economic aide and phoning top investors as he prepares for next month's unveiling of a new jobs and debt plan.

The White House says Obama met with Brian Deese, deputy chief of his National Economic Council, Martha's Vineyard on Monday morning. In addition, Obama placed phone calls to investor Warren Buffett and to Ford CEO Alan Mulally.

A spokesman says Obama talked to Buffett and Mulally about possible measures to spur investment and increase growth, as well as ways of reducing America's long-term debt.

Deputy Press Secretary Josh Earnest announced that Obama will fly to Detroit on Labor Day to meet with working men and women and speak to the city's labor council.