Video Highlights From Investing In America: A CNBC Town Hall Event With President Obama
Obama: GOP Must Accept Blame
It's premature to call current Minority Leader John Boehner the next leader of the House of Representatives, the president says, and at election time, many Americans will recognize that GOP policies contributed to America's deficit problems and economic turmoil.
Obama: China and the Yuan
China's artifically low currency valuation give it unfair trade advantages, and the United States must continue to insist that trade is a "two-way street" with a fair trade relationship.
Obama: The Threat of Iran
The administration will not disclose all of its options with regard to dealing with Iran, but the threat the country presents is very real, the president says.
Obama: On the Housing Market
It's a fair economic argument to insist that individuals should be allowed to default on unmanageable mortgage loans and lose their homes, but real families are at stake, the president says.
Obama: Payroll Tax Holiday?
The administration has provided tax incentives that help businesses defray the cost of hiring and adding to their payrolls, the president says. And it may be open to the idea of a payroll tax holiday.