The Impact of Trade on U.S. & State Level Employment
LeAnne Redick Wilson
Senior Vice President
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.
The Trans-Pacific Partnership (TPP) Agreement is a regional trade agreement that the United States is negotiating with 11 other Asia-Pacific countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam).
North America’s energy resurgence is delivering for consumers, businesses, the U.S. economy and America’s standing in the world, but history suggests that those who stand still are quickly overtaken. Policymakers, regulators and business leaders should work together to adopt a policy framework that capitalizes on this historic opportunity and ushers in a new era of energy security.
Business Roundtable CEOs believe it is time to take action to improve education and workforce training.
A quality postsecondary education is foundational to workforce preparedness – both for workplace productivity and individual success. U.S. employers increasingly need highly skilled employees to compete globally, and individuals generally receive increased economic benefits based on their education levels. Federal policies should support America’s skills needs and expand postsecondary opportunities to more students.
Policymakers should maintain the materiality standard for determining what information public companies must disclose to investors. The time-tested standard is proven effective in protecting investors and helping them make informed investment and voting decisions.
The proposed Keystone XL pipeline is a new 1,179-mile (875 miles in the U.S.) crude oil pipeline that would begin in Alberta, Canada, and would extend through Saskatchewan, Montana, South Dakota and Nebraska, where it would link up with an already completed southern leg for delivery of oil to the Gulf Coast.
U.S. economic growth and job creation depend on expanding U.S. trade and investment opportunities so U.S. companies can sell more products and services to customers around the world.
The United States has the highest statutory corporate income tax rate among developed nations and is the only developed country with both a high statutory corporate income tax rate and a worldwide system of taxation. These features of the US corporate income tax have disadvantaged US businesses in the global market for cross-border M&A.
Business Roundtable CEOs, who lead companies operating in every sector of the economy, recognize that moving data across national borders is essential to economic growth, innovation and improving the quality of the life of people around the world.
The Elementary and Secondary Education Act (ESEA), first passed in 1965 and most recently reauthorized in 2001 under the No Child Left Behind Act (NCLB), is the primary federal legislative funding source for U.S. K-12 public education. It is intended to address discrepancies in funding and academic outcomes between advantaged and disadvantaged students.
Ozone is a major component of smog. Ozone is not a pollutant emitted into the air; rather, it is the product of chemical reactions among nitrogen oxides (NOx), volatile organic compounds (VOCs), carbon monoxide (CO), and methane (CH4).