President Barack Obama Working To Boost Businesses Without The Help Of Congress | Roland Martin Reports

President Barack Obama Working To Boost Businesses Without The Help Of Congress


Source: Ben Feller / AP / The Huffington Post

WASHINGTON – Pushing a campaign to act without Congress, President Barack Obama moved unilaterally Friday to boost private business.

He signed executive orders aimed at spurring economic growth, capping a week in which Obama sought to employ the power of his office as he struggles to make headway on his jobs bill on Capitol Hill.

Obama’s orders direct government agencies to shorten the time it takes for federal research to turn into commercial products in the marketplace. The goal is to help startup companies and small businesses create jobs and expand their operations more quickly.

On the other front, Obama called for creation of a centralized online site, to be known as BusinessUSA, for companies to easily find information on federal services. The site, a recommendation of the president’s jobs council, is to be up and running within 90 days and will be designed with input from U.S. businesses.

Obama announced both steps in presidential memos released Friday morning.

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