Excerpts from President Obama’s Remarks to the Business Roundtable - Page 2 of 3

Excerpts from President Obama’s Remarks to the Business Roundtable

know this: throughout our history, there have been times when the market has fallen out of balance. There have been moments of economic transformation and upheaval when prosperity and even basic financial security have escaped far too many of our citizens. At these moments, government has stepped in not to supplant private enterprise, but to catalyze it — to create the conditions for thousands of entrepreneurs and new businesses to adapt and to thrive.

That’s why we laid down railroads and highways to spur commerce and industry. It’s why, even in the midst of civil war, Lincoln launched a Transcontinental railroad, and Land Grant colleges and the National Academy of Sciences. It’s why we initiated universal public high schools and passed a GI bill to nurture the skills and talents of all our workers. It’s why Eisenhower built an interstate highway system, and Kennedy pointed us to the moon, knowing that the exploration would lead to unimagined innovations here on Earth.

That is what we have done in the past. And that is why I’ve chosen to address education, energy, and health care in this budget — because we can’t wait to make the investments today that will lead to tomorrow’s prosperity.

Below is a list of CEOs expected to attend the Business Roundtable meeting with the President.

Stephen F. Angel, Praxair, Inc.

Alan L. Boeckmann, Fluor Corporation

Gregory H. Boyce, Peabody Energy Corporation

Gregory Q. Brown, Motorola, Inc.

Gary C. Butler, Automatic Data Processing, Inc.

Kenneth I. Chenault, American Express Company

James Cracchiolo, Ameriprise Financial

Alexander M. Cutler, Eaton Corporation

Michael T. Dan, The Brink’s Company

Daniel R. DiMicco, Nucor Corporation

James Dimon, JPMorgan Chase & Co.

John V. Faraci Jr., International Paper Company

G. Steven Farris, Apache Corporation

Eric C. Fast, Crane Co.

J. Brian Ferguson, Eastman Chemical Company

Daniel S. Fulton, Weyerhaeuser Company

James Goodnight, SAS Institute Inc.

William D. Green, Accenture

Evan G. Greenberg, ACE Limited

H. Edward Hanway, CIGNA Corporation

Lewis Hay III, FPL Group, Inc.

Edmund F. Kelly, Liberty Mutual Group

Jeffrey B. Kindler, Pfizer Inc

Ellen J. Kullman, DuPont

A.G. Lafley, The Procter & Gamble Company

John C. Lechleiter, Eli Lilly and Company

Steven F. Leer, Arch Coal, Inc.

Steven R. Loranger, ITT Corporation

Kathryn V. Marinello, Ceridian Corporation

Theodore A. Mathas, New York Life Insurance Co.

Michael B. McCallister, Humana Inc.

Charles G. McClure, ArvinMeritor, Inc.

William L. McComb, Liz Claiborne, Inc.

Bill McDermott, SAP

Harold McGraw III, The McGraw-Hill Companies

Charles W. Moorman, Norfolk Southern Corporation

Anne M. Mulcahy, Xerox Corporation

Ronald L. Nelson, Avis Budget Group, Inc.

Thomas C. Nelson, National Gypsum Company

George Nolen, Siemens Corporation

Marvin E. Odum, Shell Oil Company

Dinesh C. Paliwal, Harman International Industries, Inc.

Samuel J. Palmisano, IBM Corporation

Richard Parsons, Citi

Antonio M. Perez, Eastman Kodak Company

Bernard Poussot, Wyeth

Kendall J. Powell, General Mills, Inc.

James H. Quigley, Deloitte Touche Tohmatsu

David M. Ratcliffe, Southern Company

Matthew K. Rose, BNSF Railway Company

Wilbur L. Ross, WL Ross & Co. LLC

Edward B. Rust Jr., State Farm Insurance Companies

Dean A. Scarborough, Avery Dennison Corporation

Ivan G. Seidenberg, Verizon Communications

David B. Snow Jr., Medco Health Solutions, Inc.

Theodore M. Solso, Cummins Inc.

Lee J. Styslinger III, Altec, Inc.

Michael H. Thaman, Owens Corning

Kent J. Thiry, DaVita Inc.

Rex W. Tillerson, Exxon Mobil Corporation

James S. Turley, Ernst & Young, L.L.P.

Daniel C. Ustian, Navistar International