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Weekly News from COBRT - December 11, 2018

Common Sense Policy Roundtable is a non-profit free-enterprise think tank dedicated to the protections and promotion of Colorado's economy. Our mission is to research and promote common sense solutions for economic issues facing Colorado. The 2018 release of Colorado Budget: Then and Now offers an updated "big picture" view of how spending by the state of Colorado has changed over the past 20 years. Leading into the 2019 legislative session, it is important to be aware of the history of spending and the entirety of the budget, along with a focus on singular issues. These charts should prompt more questions about the details of "Why" and help frame the perpetual debate that shapes the priorities of our state government spending. 

DENVER - Colorado Gov. John Hickenlooper and his allies are taking new steps toward launching a presidential campaign, including interviews with dozens of potential staffers and hiring a pollster and national fundraiser, according to a person close to the Democrat. He's already launched a political action committee that allows him to raise money nationally and hired his 2014 campaign manager, Brad Komar, to run it. Since the PAC was formed in September, Komar has done 80 interviews with possible campaign staffers, the person said. Of those, Hickenlooper has conducted or participated in 30 interviews. The operation has hired Democratic veteran Anna Greenberg as its pollster and FK&Co. as national fundraisers; it raises money for Democratic senators including Minority Leader Chuck Schumer, D-N.Y.

This survey represents the first installment of a new partnership established to deliver a periodic examination of Coloradan attitudes towards an array of public policy issues and the related opportunities and challenges that face our growing state. We approach this research with both statewide and regional perspective, understanding and appreciating both the uniqueness and the commonality that defines the critical inter-relationships between our state's towns, cities, counties and regions. This study seeks to benchmark Coloradans attitudes on key issues and to serve as an initial market to trend line the public perceptions that shape our state's future. 


Colorado Business Roundtable President, Jeff Wasden, was honored to attend the National Governors Association and be involved in the Good Jobs for all Americans initiative with the Colorado team. 
CEOs meeting Thursday at the Quarterly Meeting voted to extend for the year the term of Business Roundtable Chairman Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase. (See news release.) Five new board members were also announced:
  • Safra Catz, Oracle, At-Large
  • Lynn Good, Duke Energy, At-Large
  • Arne Sorenson, Marriott; Chair, Health and Retirement Committee
  • Doug Peterson, S&P Global; Chair, Smart Regulation Committee
  • Greg Hayes, United Technologies; Chair, Tax and Fiscal Policy Committee



This holiday season we need to remember to do our best to support those that are in need, displaced and grieving. We are raising money for North Valley Community Foundation, and any donation will help make impact. Thanks in advance for your contribution to this cause that means so much. 
Utility company Xcel Energy is going all in on clean energy, pledging to cut its carbon emissions by 80 percent by 2030 and be completely carbon-emissions free by 2050. Xcel Energy Inc., a power company serving millions across eight states, made the pledge Tuesday in Denver and became the first major U.S. utility to promise to eliminate carbon emissions. Side-stepping any political debate over the causes of climate change, the company's executives said it's clear the dangerous emissions should be eliminated and, perhaps more importantly, they can be. 

Business Roundtable today released its Q4 CEO Economic Outlook Survey, with CEOs indicating continued economic growth over the next six months. At the same time, Q4 marked the third straight quarter of slippage in the survey's combined index - representing plans for capital investment and hiring, and expectations for sales - reflecting concerns about trade policy and tariffs. CEOs also identified labor as the major cost pressure facing their companies and estimated 2019 GDP growth at 2.7 percent.

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