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Obama to Meet Silicon Valley Business Leaders

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President Barack Obama will pay a visit to Silicon Valley Thursday evening to promote his push for more investment in research and development in education and clean energy. 

Obama's impending visit with business and technology leaders coincides with the release of his $37.3 trillion budget for the 2012 fiscal year. Among Obama's proposals are a permanent tax credit for research and development and $32 billion for the National Institutes of Health, the San Jose Mercury News reports

Obama will meet Silicon Valley leaders to discuss ways to spur job growth, boost the economy and invest in research, the White House said on Bloomberg TV.

The president will fly to Oregon on Friday.

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