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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.

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Business Roundtable President John Engler's oral testimony at the House Committee on Transportation and Infrastructure hearing regarding "FAA Reauthorization: Issues in Modernizing and Operating the Nation’s Airspace."

I am writing on behalf of the Business Roundtable to express my strong disappointment with the efforts of the U.S. Equal Employment Opportunity Commission (EEOC) to take actions against large employers who are complying with the requirements of the Patient Protection and Affordable Care Act.

During the final weeks of the 113th Congress, America’s business leaders urge Congress and the Administration to work together to fund government operations, extend expired tax provisions, and pass updated Trade Promotion Authority (TPA). Doing so will help generate the investment, growth, and jobs our entire economy needs.

Next to the Centers for Medicare and Medicaid Services, employers are the largest purchasing block of health care in the world.
Creative interplay between employers and government has accelerated many innovations, including quality measurement, Medicare Advantage, transparency and payment reform.

When it comes to the benefits provided to employees and their families, employers want better health, better care and better value.
Dow is focused on optimizing the health of its employees and their families, human performance and long-term value.

In February 2010, the White House Council on Environmental Quality (CEQ) issued for public comment Draft National Environmental Policy Act Guidance on Consideration of the Effects of Climate Change and Greenhouse Gas Emissions (draft guidance). The draft guidance explains how federal agencies should analyze the environmental impacts of greenhouse gas (GHG) emissions and climate change when they assess the environmental impacts of proposed actions under National Environmental Policy Act (NEPA).

Business Roundtable appreciates the opportunity to participate in the annual process that Institutional Shareholder Services (ISS) uses to formulate its proxy voting policies, and we welcome the ability to comment on one of the changes that ISS is considering for 2015 on its policy relating to independent chair shareholder proposals. The changes ostensibly incorporate additional flexibility into the process that ISS will use in deciding whether to support these proposals by adding to the list of factors that ISS considers and providing for the evaluation of “all of the factors in a holistic manner.” However, we believe ISS should exercise considerable restraint in substituting its judgment on how a public company board structures itself over the judgment of the Board that is in a far better position to make these judgments. Also unlike ISS, the Board has fiduciary duties in connection with making these judgments.

Business Roundtable filed an Amicus Brief in the U.S. Court of Appeals for the Second Circuit in Chevron v. Steven Donziger.

Business Roundtable response to Senate Finance Chair Ron Wyden (D-OR) and Sen.

Congress, the U.S. Securities and Exchange Commission (SEC), and the national securities markets recently adopted reforms to strengthen shareholder-director communications and enhance related disclosures. The business community strongly supports these reforms, and corporations have explored new ways to implement them. To assist in this effort, Business Roundtable has developed five guidelines to serve as best practices for shareholder-director communications.

Business Roundtable appreciates the opportunity it has had since our letter to you of May 30, 2014, to discuss with U.S. Treasury and OECD officials the OECD's Base Erosion and Profit Shifting (BEPS) project. As you are aware, the U.S. business community has been particularly concerned that the BEPS project risks increasing costs, uncertainty, and barriers to trade and investment such as duplicative taxation. As you review the 2014 deliverables and work commences on the remaining items, we urge you to keep foremost in mind that economic growth and broadly-shared prosperity flow from eliminating barriers to trade and investment and avoiding the creation of new barriers.

September 18, 2014

Business leaders have a new resource to take full advantage of the recent passage of the Workforce Innovation and Opportunity Act. The report, “Putting WIOA to Work: An Action Plan,” lays out how CEOs can make best use of the law’s emphasis on business involvement. In other education news, BRT released a computer application that will help CEOs make the case for the Common Core State Standards. The app, Biz4Readiness, for iTunes at the iTunes store and for Android at GoogleApps.