Daily Report for Executives Update

Obama Calls for `Bold Action’ to Build New Economic Foundation for Nation

Addressing Congress and the nation in the midst of a worsening economic crisis, President Obama Feb. 24 said the “day of reckoning has arrived” and called on Americans “to act boldly and wisely” to build a new economic foundation for lasting prosperity. From Daily Report for Executives, Publication date February 25, 2009

Obama Pledges to Close Corporate Tax `Loopholes,' Raise Taxes on Wealthiest Americans

President Obama used his first address to a joint session of Congress Feb. 24 to pledge increased fiscal responsibility in the federal government, which he said will be achieved in part through higher taxes on corporations and the wealthiest 2 percent of Americans. From Daily Report for Executives, Publication date February 25, 2009