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President Obama / Manuel Balce Ceneta, AP

President Obama spends Tuesday talking to international business leaders about investing more in the United States.

The president is scheduled to drop by a mid-morning meeting of business executives to discuss new plans for SelectUSA, an initiative designed to encourage domestic investment.

Administration officials said SelectUSA has helped bring some $18 billion in new business activity in 17 states and territories.

Commerce Secretary Penny Pritzker and other Obama administration officials will also speak with the business executives.

Also on Obama's schedule Tuesday: An afternoon meeting with Defense Secretary Chuck Hagel.



Copyright 2014 USATODAY.com

Read the original story: Obama's day: Investing in America

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