Yesterday, President Obama spoke to an excited and energized crowd under sunny skies at the Los Angeles Trade-Technical College. He talked about the progress that we’ve made since he took office, training our workers for a 21st-century economy, and closing tax loopholes that could cost taxpayers nearly $20 billion over the next 10 years.
The President called for a new sense of optimism and collective patriotism in this country: “Cynicism is a choice, and hope is a better choice. And if we can work together, I promise you there’s no holding America back.”
You might be seeing the word “inversions” in the news headlines a lot lately. It’s a specific kind of corporate merger deal — but it’s not exactly the most intuitive name for a corporate tax loophole. So we’re going to break it down for you.
This afternoon, Valerie Jarrett, Senior Advisor to the President, took to Tumblr and answered questions about the President’s new Executive Order to protect LGBT workers and expand opportunity for the LGBT community. If you missed it, check out all of the questions and answers on the White House Tumblr.
Vice President Biden takes the marker in our newest White House White Board, and spends a few minutes explaining the history of America’s infrastructure — and why we need a long-term solution that will repair our transportation grid, invest in new infrastructure technologies, and rebuild America for a 21st-century economy.