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CRG Lehman Abs WA Mut 22

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Share Name Share Symbol Market Type
Lehman Abs WA Mut 22 NYSE:CRG NYSE Ordinary Share
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  0.00 0.00% 0.00 -

Obama to Court CEOs, Labor Leaders on Immigration

05/02/2013 1:40am

Dow Jones News


Lehman Abs WA Mut 22 (NYSE:CRG)
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--Obama to meet with executives from Goldman, Alcoa, among others

--Obama to meet with representatives from the AFL-CIO, NAACP

--Meeting will discuss immigration

WASHINGTON--President Barack Obama will continue efforts Tuesday to build support for overhauling the nation's immigration system by meeting with labor leaders and business executives from companies such as Goldman Sachs Group Inc. (GS) and Alcoa Inc. (AA).

Mr. Obama will meet with labor and progressive leaders, and then separately with the executives, the White House said. Representatives from the NAACP, the Center for American Progress and the AFL-CIO will participate in the meeting.

The meetings are part of the president's plan to enlist public support to overcome any objections to revamping immigration policy. Support for immigration has grown in recent weeks after a group of four Republican and Democratic senators unveiled a legislative framework that would offer a pathway to citizenship for many of the 11 million people living in the nation illegally.

Mr. Obama praised the group's work and said it is similar to his own plans on immigration. However, the group's proposal says the opportunity for citizenship is contingent on securing U.S. borders first.

Business executives have supported immigration reform in the hope it will make the country more competitive. Businesses have complained the U.S. doesn't provide sufficient visas for highly skilled workers from other countries. Mr. Obama has said he wants to "staple" green cards to diplomas of science, technology, engineering and mathematics PhDs and master's-degree graduates.

Labor groups, such as the AFL-CIO, have voiced support for immigration reform.

Write to Jared A. Favole at jared.favole@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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