Readout of the President's Cabinet Meeting

The President's meeting with his Cabinet this morning began with an update on several national security issues including the ongoing events in Egypt as well as Afghanistan and Iraq. With regard to Egypt, Secretary Clinton discussed our focus on opposing violence and calling for restraint; supporting universal rights, including the right to peaceful assembly, association, and speech; and supporting an orderly transition to a government that is responsive to the aspirations of the Egyptian people. With regard to homeland security, Secretary Napolitano provided an update on the federal government's efforts to prepare for serious winter storms affecting a large portion of the country.

The President discussed his plan for tapping into the creativity and imagination of the American people to win the future by out-innovating, out-educating, and out-building the rest of the world. In stressing the need for greater investments in initiatives that foster innovation and competitiveness, the President also discussed the tough choices that will be reflected in 2012 Budget, which will provide a responsible 10-year path for reining in the deficit. Beyond simply reducing government spending, the President emphasized the need to reform and reorganize the government so it operates smarter and more efficiently.