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.
The broad application of the 40 percent excise tax means that, over time, the health benefit plans of all major U.S. employers will be subject to the tax. The impact of the eventual tax liability resulting from this provision is staggering and will distort the employer-sponsored health care marketplace, leading to dramatic changes in the benefits offered to employees.
In the coming weeks, the Environmental Protection Agency (EPA) will send the Office of Management and Budget a new National Ambient Air Quality Standard (NAAQS) for ozone that
will be among the most expensive regulations in our nation’s history.
Business Roundtable CEOs believe that a smarter regulatory system and a modernized federal permitting process will help drive increased business investment, economic growth and job creation.
Thank you for meeting with us to discuss your pending decision regarding whether it is appropriate to lower the existing ozone National Ambient Air Quality Standard (NAAQS) from its current level of 75 ppb to a level somewhere within the range of 65-70 ppb
A Business Roundtable comment letter raises questions about a recent SEC economic analysis concerning the CEO pay ratio rule and the analysis in the Commission’s consideration of the final rule. BRT also highlights the source of the extraordinary costs and burdens the proposed rule would place on companies and their shareholders and that the information garnered from the rule would be immaterial, if not misleading, to investors. Finally, the Dodd-Frank provision mandating pay ratio should be repealed and, if this proves unachievable, the letter recommends changes that could substantially decrease the proposed rule’s costs and burdens.
Financial professionals should be required to act in the best interests of employee benefit plan participants when providing investment advice to a retirement plan or its participants. While we appreciate the EBSA addressing this issue, we urge the EBSA to reconsider some elements of its proposed definition of fiduciary and the related proposed prohibited transaction exemptions.
We are pleased that The Every Child Achieves Act, as passed by the Senate, makes important progress in each of these areas. We also appreciate the hard work that has gone into bringing this bipartisan legislation to the floor, and we look forward to closely working with you to ensure that ESEA is reauthorized as soon as possible.
The expired provisions are vitally important to creating and maintaining jobs, generating investment, advancing U.S. competitiveness and spurring economic growth. Failure to extend these provisions is a tax increase that will inject further instability and uncertainty into the economy and weaken confidence in the employment marketplace.
Weakening these requirements would undermine accountability provisions designed to ensure that all children – no matter their background or school – receive the education they deserve.
Senate Amendment 2156 would ensure parents, educators and policymakers have access to publicly reported data on postsecondary enrollment and remediation rates for high school graduates, both overall and for categories of students.
The Business Coalition for Transatlantic Trade (BCTT) is made up of major companies and associations that support conclusion of an ambitious, comprehensive, and high-standard trade and investment agreement between the United States and the European Union.
We write today to encourage you to vote against any amendment to the Elementary and Secondary Education Act reauthorization that would weaken test participation requirements.