The summit is news only to the extent it can be laughed at.
Six discussion panels with outside business leaders and economists were to be moderated by Bush administration officials. Bush planned to take part in two panels, on the costs of lawsuit abuse and on the need to confront short-term and long-term deficits. Cheney was to participate in a third, a broad discussion of the current state of the economy.See Dan Froomkin's day old column for more details.
The speeches and panels are meant to highlight the president's major plans for boosting the economy: overhauling Social Security and the tax code, making recently passed tax cuts permanent, curbing lawsuit abuse, restraining federal spending, helping educate and train workers in a changing economy, making international trade freer, reducing the regulatory burden on businesses and passing a comprehensive energy plan.