Sen. Max Baucus's just-completed Montana Jobs Summit drew some 3,000 attendees and business leaders from around the country, including Business Roundtable-members CEOs Jim McNerney of Boeing -- BRT's chairman -- Fred Smith of FedEx, Alan Mulally of Ford and Ryan Lance of ConocoPhillips. A news... Continue Reading
After their visit to Intel's operations in Santa Clara, Calif., on Tuesday, congressional tax-writing chairmen Sen. Max Baucus (D-MT) and Rep. Dave Camp (R-MI) issued a statement on the imperative for comprehensive tax reform, especially as it affects the high-tech sector and innovation. (On... Continue Reading
The chair of the Pennsylvania Business Council recognizes that comprehensive U.S. tax reform will aid her state, its economy, and Pennsylvanians, too. Writing in a well-argued op-ed in the Pittsburgh Post-Gazette, "Pennsylvania needs comprehensive tax reform," Kathy L. Pape comments:... Continue Reading
A round-up of news coverage of BRT and other business groups responding to President Obama's speech in Chattanooga, Tenn., Tuesday on jobs and tax reform. Here's BRT's full statement, which also touched on trade and infrastructure. Associated Press, "Obama challenges GOP to accept corporate... Continue Reading
Disappointing economic news today as the Commerce Department revised its estimated 1st Quarter GDP growth from 2.4 percent to 1.8 percent. From The Wall Street Journal, "First-Quarter GDP Growth Revised Down to 1.8%": WASHINGTON—The U.S. economy expanded at a slower pace than previously... Continue Reading