By Jueseppi B.
04:47 PM EST
Today, President Obama hosted President Juan Manuel Santos of Colombia at the White House. Their visit underscored the growing partnership with Colombia, founded on our shared democratic values, deepening economic ties, and our long history of shared security goals.
Colombia is a respected leader in the region. We are expanding our partnership far beyond security into new areas of mutual interest like commerce, energy access, regional infrastructure and economic integration. Thanks to the U.S.-Colombia Trade Promotion Agreement – a win-win for both countries - U.S. exports to Colombia are up nearly 20 percent, supporting thousands of American jobs and helping to achieve President Obama’s goal of doubling U.S. exports.
Colombia is an example of the profound transformations underway in Latin America. Elections that once were exceptions are now largely the norm. Some of the world’s fastest growing economies are in Latin America and across the region. Tens of millions of people have escaped poverty and entered the middle class. This represents an incredible opportunity for a new era of relations between the United States and the Americas.
President Obama’s Bilateral Meeting with President Santos of Colombia
December 03, 2013 | 12:10 |Public Domain
President Obama and President Juan Manuel Santos of Columbia speak to the press following bilateral meeting in the Oval Office. The two leaders discussed cooperation on promoting citizen security, respect for human rights, and economic prosperity for all Colombians., as well as the expansion of our economic ties, anchored by the growing trade relationship shared through the U.S.-Colombia Trade Promotion Agreement.
04:25 PM EST
Today, HHS released its first monthly report on Medicaid enrollment and enrollment in the Children’s Health Insurance Program – and it’s good news. Thanks to the Affordable Care Act and decisions by Democratic and Republican elected officials in 26 states to expand their Medicaid programs, 1.46 million hardworking Americans have applied for and been deemed eligible to enroll in quality, affordable health care.
More hardworking Americans will know the security of health care coverage in states that chose to expand Medicaid than those states that chose to recklessly and irresponsibly deny health coverage to millions of Americans. In fact, if every state expanded Medicaid coverage, over 5.4 million more Americans—and more than 1 million in Texas alone—would get health coverage. And today’s report showed that states that expanded Medicaid have seen over a 15 percent increase in applications for Medicaid and CHIP, compared to the average monthly enrollment in the three preceding months. While states that refused to expand Medicaid only saw a 4.1 percent increase in applications.
This spike in applications confirmed what we have always known: hardworking Americans need and want the security of affordable health coverage.
America’s Manufacturing Sector Continues to Show Momentum, With New Data Monday Showing Manufacturing Growing at Fastest Pace Since Early 2011
09:49 AM EST
A core component of President Obama’s agenda to grow the middle class is to make the U.S. a magnet for the location of high-quality jobs – especially those that support manufacturing and innovation.
The President has already taken significant steps to support America’s manufacturers, including by announcing nearly $250 million in funding to support four new manufacturing innovation institutes, aggressive new efforts to enforce trade agreements and open new markets, new investments in community colleges to help workers get the high-demand advanced manufacturing credentials needed by our manufacturers, and launching the first-ever federal effort to bring job-creating foreign investment to the U.S.
And going forward, the President will continue to push a comprehensive agenda to support a manufacturing renaissance that includes supporting a network of up to 45 manufacturing innovation institutes with a one-time $3 billion investment, making the U.S. more cost competitive by reforming our business tax code including a rate no higher than 25% for manufacturing, expanding and making permanent the R&D tax credit, continuing to ensure that trading partners like China are playing by the rules, and pushing new efforts to train workers for the jobs of today and tomorrow.
Our emphasis on manufacturing is due to the unique role that the sector plays in creating positive “spillover” benefits to our broader economy, particularly in its connection to our ability to innovate. Manufacturing punches above its weight; despite representing 12 percent of GDP, manufacturing accounts for roughly 70 percent of private sector research and development, 60 percent of all US R&D employees, over 90 percent of patents issued, and the majority of all U.S. exports. The benefits from a stronger manufacturing sector go far beyond factory jobs and include the production capabilities needed in design and innovation for many technologies, the high-skill talent that enable our services industries, and the dense web of suppliers that employ millions outside of the manufacturing sector.
While our emphasis on manufacturing must have a long-term focus – one that goes beyond the ups and downs in our economy in any month or quarter – today we received more good news that growth in America’s manufacturing sector continues to be strong.
On Monday, ISM released its monthly purchasing managers’ index (PMI), which rose to 57.3 in November – the fastest monthly pace of growth since April 2011, with all five components of the index showing strength, including employment (a reading above 50 indicates expansion). he index has shown sector expansion for six straight months and is on track to have its strongest quarter since mid-2011. Recent strength in the ISM report underscores that America’s manufacturing sector is helping to lead our recovery. Today there is little disagreement that the U.S. is a more competitive location for production, and we are beginning to see the results. America’s manufactures have created jobs at the fastest pace in 15 years, with over 500,000 new jobs added since February 2010, and our manufacturing sector has grown roughly twice as fast as the overall economy since the beginning of 2010. And there is little doubt that without the threat of default and harm from the arbitrary sequester, America’s manufacturing sector and the economy would be performing even better today.
Previewing the Vice President’s Trip to Asia
Remarks by Vice President Joe Biden in Closing at Roundtable Discussion on Women in the Japanese Economy
December 03, 2013 | 4:50
Jake Sullivan, the Vice President’s National Security Advisor, previews the upcoming trip to Asia.
Joint Statement to the Press with Vice President Joe Biden and Prime Minister Shinzo Abe
Published on Dec 3, 2013
Vice President Joe Biden and Prime Minister Shinzo Abe give joint statements to the press after their bilateral meeting in Tokyo, Japan. December 3, 2013 .http://www.whitehouse.gov/issues/fore…
Remarks by the President on the Affordable Care Act (Full Transcript)
President Obama Speaks on the Affordable Care Act
December 03, 2013 | 13:02 |Public Domain
President Obama says now that HealthCare.gov is working for the vast majority of users, we must refocus on what’s truly at stake, which is ensuring Americans have the security of decent health insurance at a reasonable cost.
December 03, 2013 | 53:36 |Public Domain
White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.
Michelle Obama, First Lady of the United States, on Giant Panda Cub Naming
Published on Dec 1, 2013
Mrs. Michelle Obama, First Lady of the United States, shares her congratulations on the naming of the Smithsonian’s National Zoo’s giant panda cub, born on August 23, 2013.
December 2013: Photo of the Day
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