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Published: April 21, 2010

Co-Chairs of the Business Coalition for Student Achievement Statement on Race to the Top

WASHINGTON – “As co-chairs of the Business Coalition for Student Achievement (BCSA), we applaud Secretary Duncan for the strong execution of Phase I of the Race to the Top competition. The reform agenda focused on collaborative approaches to maximizing student achievement. With the guidance given to states throughout the first round, states competing in Phase II have the opportunity to strengthen their proposals and tighten their focus on proven strategies and transparent measures for improving student achievement for all students. The BCSA will continue to work with the Administration and Congress on the reauthorization of the Elementary and Secondary Education Act and supports reform that prepares our students to compete in the 21st century."

Craig Barrett
Former Chairman, Intel
Co-Chair, BCSA

William D. Green
Chairman & CEO, Accenture
Co-Chair, BCSA

Edward B. Rust Jr.
Chairman & CEO, State Farm
Co-Chair, BCSA

Business Roundtable is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and pay more than 60 percent of all corporate income taxes paid to the federal government. Annually, they pay more than $167 billion in dividends to shareholders and the economy.

Business Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with more than $111 billion in annual research and development spending – nearly half of all total private R&D spending in the U.S.

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