Obama: Governors Understand Economic Troubles

By: Associated Press
By: Associated Press

WASHINGTON (AP) -- President Barack Obama says his administration wants to make it easier for the nation's governors to lead their states out of their economic woes.

Obama said Sunday the governors understand the troubles facing the U.S. economy better than most. He said it's important that all governors, despite party affiliation, work with Washington to help repair the economy.

Obama hosted the governors at the White House in his administration's first formal dinner. They are in Washington for meetings of the National Governors Association.

Many governors are dealing with budget crises that have followed staggering unemployment, rising foreclosures and plummeting tax revenue.

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