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LEADERSHIP. REACH. RESULTS.
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Denver, CO- Colorado Business Roundtable is pleased to announce the appointment of Debbie Brown as new President of COBRT. Brown was hired after an extensive search and will assume the position of leading COBRT in January.
"Throughout all my work in Colorado, a common thread is my passion for economic public policy and opportunity. When businesses flourish and produce jobs, families thrive. That's why I'm so honored to be selected as the next President of the Colorado Business Roundtable. I'm eager to build upon the solid foundation left by Jeff Wasden and work with the Board of Directors and our allies to amplify our pro-business mission into 2020 and beyond," declared Brown.
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Janine Davidson's career took off in the Air Force: She flew missions all over the world in the 1980s and 1990s, then retired and worked for the Department of Defense. She served as U.S. Undersecretary of the Navy - second in command after the commander-in-chief - at the end of President Barack Obama's second term. "The Pentagon is the headquarters of a $700 billion enterprise," says Davidson, 53. "It's highly political and very bureaucratic. To get something done is a darned art." Pentagon experience helped prepare Davidson to lead MSU Denver. "You've got to be squeaky clean and transparent," she says. "In order to move a big bureaucracy like that, it's important to have an inclusive decision-making process. It's about diversity of thought, but it's also about stakeholder buy-in."
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A long-proposed paid-family-and-medical-leave system for Colorado workers would cost between $1.1 billion and $2.2 billion to operate and would cause workers to pay premiums ranging between $7 and $11.40 on every $1,000 they make, according to a state-contracted actuarial study that already is drawing criticism from some of the proposal's biggest proponents.
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U.S. Trade Representative Robert Lighthizer and White House senior adviser Jared Kushner are expected to meet with their Mexican and Canadian counterparts around midday today in Mexico City to approve changes to the USMCA. The signing ceremony comes after House Democrats and organized labor officials said they are on board with revisions made following months-long negotiations with the Trump administration on strengthening the agreement's enforcement provisions on labor and environment and rules on prescription drugs. But details on the USMCA updates are still limited, and many Democrats say they are waiting to see the final changes in writing.
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Colorado in 2020 will create the lowest number of jobs the state has put out since 2011 and will experience its slowest pace of economic growth since the Great Recession, according to the annual Colorado Business Economic Outlook from University of Colorado-Boulder Leeds School of Business. But while the forecast continues the "growing but slowing" trend of recent years, it does not predict that the state will slip into recessional next year, emphasized Richard Wobbekind, executive director of Leeds' business research division. Iinstead, it forecasts the addition of 40,100 jobs - a 1.4% growth over 2019 estimates - and a boost in employment in every sector except for information.
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Whenever Denver is pitched to companies looking to relocate, its transit system is cited as a major selling factor. "Metro Denver is a model for the country when it comes to solving transportation challenges, taking steps to reduce sprawl, and create new neighborhoods along transit," touts the Metro Denver Economic Development Commission's website. Proximity to transit has influenced tech companies, professional offices and even major headquarters that are flocking to Lower Downtown, the Central Business District and the Denver Tech Center.
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Business Roundtable continued its press for eliminating taxes on health care services this week, joining well over 1,000 companies, business associations and other organizations in urging Senate leaders to make certain that an end-of-year legislative package fully repeals the 40 percent "Cadillac Tax" on employer-provided health care coverage. "Employers are making decisions today to avoid this looming tax," The Alliance to Fight the 40 argued in a letter and news release. "Americans will pay more out of pocket for medical treatment or face reduced health coverage in narrower networks." The House overwhelmingly voted to repeal the tax in July.
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Successful business leaders know financial growth isn't the only measurement of a company's prosperity. Investing in people, products and services also plays a significant role in performance and morale. But another important, yet often overlooked, investment a company needs to make is in the community it serves. And those that commit to this will quickly discover it not only benefits the community, but their businesses as well.
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Business Roundtable today released the following statement from Tom Linebarger, Chairman and CEO of Cummins Inc. and Chair of the Business Roundtable Trade and International Committee, regarding the United States-Mexico-Canada Agreement (USMCA): "Business Roundtable appreciates the hard work of the United States Trade Representative and the House Democratic USMCA Working Group to reach an agreement that can move USMCA forward. More than 12 million American jobs depend on our $1.4 trillion trading relationship with Canada and Mexico, and USMCA will strengthen this trade relationship. Business Roundtable CEOs will review the details of the final agreement and continue to work together with bipartisan Members of Congress and the Administration to ensure the continued competitiveness of North America."
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