Dec. 26, 2014 SIGN IN | REGISTER
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State of the Union Fact Sheet

• Aggressive Reform and Expansion of SelectUSA to Create the First-Ever Federal Effort to Bring Jobs from Around the World to the U.S. The President has made bringing investment back to the U.S. a core priority of the federal government. He is using his executive authority to create the first ever whole-of-government effort to attract investment through expansion and enhancement of SelectUSA. This effort has meant a number of firsts: for the first time there will be a clear system for advocacy for high-priority, job-creating investments, driven by the most senior Administration officials all the way up to the President; for the first time there will be a single point of contact for ready investors looking to brings jobs and production to the U.S.; lastly, the Administration is engaging in unprecedented coordinated support for states and localities to attract investment.

• Continuing to Work With Congress •

• Continuing to Call for a Grand Bargain on Jobs to Pay for Investments in Infrastructure by Reforming Business Taxes and Closing Loopholes that Help Companies Ship Jobs Overseas. As the President first proposed in Chattanooga in July 2013, he stands ready to work with Congress on a grand bargain for middle-class jobs that pairs comprehensive reform to simplify our business tax code with investments to rebuild America’s infrastructure that create more good construction jobs that our economy needs right now. The temporary revenue generated from transitioning to a new tax system could be used to finance these investments. In addition, the President knows that America works best when we are calling upon the resources and ingenuity of our vibrant private sector, and that’s why he supports efforts to attract and facilitate increased private investment to rebuild America’s vital infrastructure – including our highway, bridge, transit, rail, energy, and water infrastructure.

• Fixing Our Broken Immigration System. We need to fix our broken immigration system by continuing to strengthen our border security, cracking down on employers who hire undocumented workers, and providing an earned path to citizenship for immigrants who pay a fine and taxes, learn English, pass a background check and go to the back of the line. Too many employers game the system by hiring undocumented workers and there are 11 million people living in the shadows. Neither is good for the economy or the country. Immigration reform will grow our economy by more than $1 trillion over the next two decades, help create thousands of new jobs, raise productivity, and unite families in a timely and humane manner. The Senate has passed bipartisan legislation that is largely consistent with the President’s priorities. While there are multiple paths the House of Representatives can take, the President stands willing to work with all parties to make immigration reform a reality.

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