Mixed signals

6 Oct 2010 By James Pethokoukis

The White House is still rhetorically clumsy when talking to Corporate America. But it s growing more nimble on policy, hinting that corporate tax cuts may be on offer. President Obama is also asking tech CEOs for ideas to cut waste. Now he just needs to hire one of them.

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President Barack Obama said on Oct. 4 he would collaborate with business to cut red tape and ease corporate taxes, acknowledging the need for a period of "healing" after his major reform of Wall Street regulation.

Taking a handson approach in the debate about how to lift growth and hiring, just weeks before congressional elections where unemployment will be a dominant theme, Obama stressed that he was open to ideas from the private sector. The president spoke at a meeting of his outside economic advisers.

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