"If there is one deficit more serious and alarming than our fiscal deficit it is our leadership deficit," he said. "America needs leadership from all sectors to tackle the big challenges we face and to seize the extraordinary opportunities we have been blessed with. The American business community has a tremendous capacity to help provide this leadership and a profound responsibility to do so."
Obama travels to Pennsylvania on Friday to continue pressing his case for making tax cuts for those earning below $250,000 a year permanent.
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Rebekah Metzler is a political writer for U.S. News & World Report. You can contact her at firstname.lastname@example.org or follow her on Twitter.