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LeAnne Redick Wilson
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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

Explore Resources byor

With more than two million jobs lost in 2008 – and accelerating job losses in the past three months – decisive action is needed if we are to return our economy to a path for growth and full employment.

The recent decline in the value of equity and other investments has diminished our nation’s pool of retirement savings.

The global financial market crisis has spread across all sectors of the U.S. economy and has threatened economic growth and job creation.

New defined-benefit pension plan rules under the Pension Protection Act of 2006 and the current meltdown in the global equity markets are combining to force U.S. companies to make large additional pension funding contributions.

Last week, Business Roundtable shared some ideas on possible ways to improve the current economic situation.

The Honorable Barack Obama
President-elect of the United States
Presidential Transition
Washington, DC 20007

On behalf of Business Roundtable, I am writing to express our strong support for new bipartisan legislation to address the severe financial credit disruptions in order to restore stability to the credit markets and the U.S. economy.

Thank you for holding a hearing tomorrow on economic recovery, job creation and investment.

Business Roundtable commends you on the introduction of H.R. 6288, the “Retiree Health Account Act of

The failure to pass emergency legislation to rescue the U.S. financial system will put our entire economy at risk. The resulting turmoil in equity markets has already wiped out hundreds of billions of dollars in household wealth and the retirement savings of the American people. But the impact of this crisis extends well beyond the financial industry.

As the 110th Congress draws to a close, America’s leading businesses, scientific organizations, and universities urge you to fully fund the America COMPETES Act in FY 2009.

As the 110th Congress draws to a close, America’s leading businesses, scientific organizations, and universities urge you to fully fund the America COMPETES Act in FY 2009.

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