Tax & Fiscal Policy | Page 9 | Business Roundtable


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What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

More Than Leaders. Leadership.

Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.

About BRT

Business Roundtable supports tax and budget policies that promote U.S. business investment, competitiveness and job creation. Specifically, the Committee focuses on pro-growth reform of domestic and U.S. international tax rules and advocates for slowing the growth of federal spending to stabilize federal debt and achieve long-term fiscal sustainability.

Business Leaders Commend Congress for Passing Bipartisan Budget Act of 2015

By timely enactment of this legislation, Congress and the White House will ensure America’s fiscal standing stays out of jeopardy and provide confidence for businesses and consumers.

The Top Line: Inventories Contribute to 1.5 Percent Growth in Q3 GDP

The economy grew by 1.5% in Q3 — significantly slower than the 3.9% growth experienced in Q2, according to the Bureau of Economic Analysis "advance estimate" released Thursday. Solid growth in consumer spending, business and residential investment, exports, and government spending was partially offset by a sharp decline in inventories, which shaved 1.4 percentage points off of Q3 GDP but is widely viewed as a temporary headwind.

Business Leaders Applaud House Passage of Budget Deal, Urge Senate Action

BRT applauded the House passage of a two-year budget deal that raises the debt limit, and urges the Senate to pass this legislation.

Economic Growth Should Take Center Stage at Presidential Debates

It’s the Republicans’ turn for a presidential debate tonight, and as 10 candidates take the stage in Boulder to discuss the economy, business leaders have this message for them: The ceiling is high for presidential candidates with a plan for economic growth.

Business Leaders Support Bipartisan Budget Act of 2015

Business Roundtable urges Congress and the Administration to act swiftly to approve a two-year agreement on the debt limit and federal budget

Business Roundtable Urges Swift Action to Address the Debt Limit

America’s business leaders strongly encourage the President and Congress to show united leadership and quickly address the federal debt limit.

Cooperation and Growth: Important Issues in Any Candidate Debate

The willingness to compromise on politically charged issues in Washington will be critical to producing stronger economic growth and employment, Business Roundtable President Engler said in interviews from Manchester, N.H., in conjunction with the No Labels Problem Solver convention.

Letter to Congressional Leadership on Upcoming Fiscal Deadlines

Strong leadership is needed now to find common ground to address the fiscal and budget challenges that lie ahead.

Letter to the President on Upcoming Fiscal Deadlines

We are seriously concerned about the potential negative consequences to the economy should Congress and the Administration fail to reach an agreement on funding the government for the fiscal year beginning October 1 or fail to address the debt ceiling in a timely manner later this fall.

News Roundup: President Obama Speak at the Business Roundtable

President Obama's remarks at the Business Roundtable on Wednesday and the Q&A with CEOs that followed offered a long list of topics for the media to report on: The economy and budget showdown, China and the upcoming U.S. trip of President Xi Jinping, cybersecurity, trade and the Trans-Pacific Partnership, energy policy and ozone regulation, immigration and education.


Committee Priorities

It has been over 30 years since major tax reform was last undertaken. The United States has failed to act while the rest of the world has implemented modern tax policies to aggressively compete for jobs and investment.

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Tax reform for all businesses is fundamental to strengthening the U.S. economy and ensuring that American workers and American companies can successfully compete around the globe. A modernized U.S. tax system with competitive tax rates and competitive international tax rules would promote growth through greater investment, higher wages and more jobs in the United States.

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Achieving Sound Fiscal Policy

Business Roundtable supports sound fiscal policy by urging Congress to pass annual budgets on time; appropriate funds early enough in the legislative session to avoid disrupting government operations; follow an orderly process to allow for required borrowing; and strengthen entitlements for the long haul.