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.
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).
To reach America’s full potential and create greater opportunity for all Americans, the U.S. economy needs to fire on all cylinders. That level of performance requires pro-growth policies that facilitate business investment, which drives productivity gains, accelerates economic growth and promotes job creation.
U.S. trade continues to expand, and with it, U.S. employment. Today, nearly 40 million U.S. jobs depend on trade. This means that more than one in every five U.S. jobs is linked to exports and imports of goods and services.
Federal regulation has a profound effect on U.S. businesses. Business Roundtable CEOs recognize that some regulations are essential and help ensure that the products we consume are safe; the environment in which we live is adequately protected; and the marketplaces in which our businesses operate are fair, open and competitive. However, regulations also impose significant costs on both businesses and consumers and can reduce employment and depress growth. It is therefore imperative that federal agencies carefully consider the positive and negative impacts of proposed rules.
As America’s economy climbs back from the deepest recession in more than half a century, it faces a new challenge: Businesses cannot find enough employees with the right knowledge, skills and training to fill critical jobs. This “skills gap” is a major reason the U.S. economy has not reached its full potential predicted before the recession.1 Moreover, the problem likely will persist unless significant policy changes occur.