Weekly News from COBRT
June 20, 2017

4:00 - 5:00 PM MDT
5:00 - 6:30 PM MDT

4100 Jackson St.
Denver, CO 80216

Join Bill Miller of the D.C. Business Roundtable as he shares an important update with Business Roundtable companies in Colorado. 

The Business Roundtable has new leadership as Governor Engler retired after years of faithful service to the BRT. Bill will share BRT plans under new CEO, Joshua Bolten and discuss tax reform, health care reform, President Trump's budget proposal, and other pressing business issues.

This event is invite only. 

If you would like to attend, please email Jeff Wasden

Joe Rice, a veteran and a leader within Colorado's aerospace community, was given an award at the USGLC Summit last week. 

He was honored as one of three State Steering Committee Leadership members for his military and business leadership in advocating on behalf of "smart power" and the three D's Defense, Diplomacy, and Development. 

"Honored to work with the US Global Leadership Coalition. Supporting diplomacy and development makes the US - and the world - stronger, safer, and more prosperous. You too can join this important work" - Joe Rice

Read more about the USGLC State Leaders Summit

Last week, the chorus of voices in support of America's diplomacy and development programs reverberated across Capitol Hill as Cabinet officials testified on the Administration's proposal to cut the International Affairs Budget by a draconian and disproportionate 32%. From the Freedom Caucus to the Progressive Caucus, lawmakers on key committees joined together to defend State Department and USAID programs that are vital to protecting our national security, strengthening our economy, and projecting the best of America's values overseas.

Congressional leaders highlighted their concerns about the wide-ranging consequences of cuts to development assistance, global health funding, humanitarian aid, and international organizations. Below are just a few key quotes from last week's hearings, which serve as a powerful marker of Congress' bipartisan commitment to protect funding for programs that advance American global leadership:
  • Rep. David Cicilline (D-RI): "I think it's very clear that the devastating cuts proposed in this budget would make it nearly impossible for America to lead the world. And it's why it has been decried by virtually every serious diplomat, scholar, and development expert." (June 14, 2017)
  • Sen. Chris Coons (D-DE): "I think the growing threat we've seen, the attack on our democracy by Russia, the destabilizing acts of North Korea, the nuclear program, and the world's worst humanitarian and refugee crisis since the Second World War call for us to invest more in diplomacy and development, not to dramatically cut it." (June 13, 2017)
  • Rep. Charlie Dent (R-PA): "When President George W. Bush was in office, he and his people often talked about a national security strategy that was three-headed: diplomacy, defense, development. I shared that view, I think that's important. In my view, this budget seems a bit too focused on hard power, not enough on soft power and the tools that you have in the development and diplomacy realms." (June 14, 2017)
  • Sen. Jerry Moran (R-KS): "Investment in the State Department's programs, when they are reduced, it gives other countries the opportunity to advance their causes if we leave any gap unfilled...China just last month pledged $124 billion for a new global infrastructure program. We are reducing USAID missions and eliminating economic development assistance to 37 countries around the globe... others will take advantage of our absence." (June 13, 2017)
  • Sen. Jack Reed (D-RI), Ranking Member of the Senate Armed Services Committee: "The president's proposal increases defense spending, but it also limits eliminate $17.3 billion from the State Department's efforts to prevent wars and forge peace. Which is the very kind of spending that Secretary Mattis has said is so crucial to our military efforts." (June 13, 2017)
  • Sen. Marco Rubio (R-FL): "I'm a big believer in foreign engagement because it certainly has paid extraordinary dividends...And I think South Korea's a success of that. You know, people forget 35, 40 years ago, South Korea's economy was smaller than North Korea's. It was a dictatorship. And today, I believe it's the 11th largest economy in the world, the strongest American ally, a vibrant democracy. And nothing illustrates that better than that famous Google Earth picture of the darkness on the North Korean side and all the lights on the South Korean side: American engagement." (June 13, 2017)
Read more quotes in the USGLC article

President Donald Trump faces a world fraught with challenges to our interests, not to mention the demands on our conscience posed by the suffering of so many innocent people around the globe. He will need every tool at his disposal to protect our interests and advance our values.

Unwise budget cuts to effective, desperately needed assistance programs are a penny-wise and pound-foolish error that will shift even more of the burden for stabilizing the world to our overburdened armed services. Such cuts will make it harder to make America safer. They will deprive the world of the full array of American political and moral leadership when it has never been more needed.

Read the POLITICO article by John McCain and Tim Kaine

As foreshadowed in the "skinny" budget, the International Affairs Budget takes the largest and most disproportionate cuts in the Non-Defense Discretionary budget in the Administration's proposal. 

With a $54 billion cut to Non-Defense Discretionary spending compared to FY17, the budget proposes to cut all discretionary agencies except Defense, Veterans Affairs, and Homeland Security; however, the International Affairs Budget receives a devastating 32% cut, taking funding back to levels not seen since 9/11 (inflation adjusted).

Read the full USGLC budget analysis

Against the backdrop of today's debate about America's role in the world, it is striking to re-read the speech by Secretary of State George C. Marshall announcing the Marshall Plan on the 70 th anniversary of its delivery.

The Marshall Plan, which helped rebuild the economies of Western Europe after World War II, is often seen as the model for American global leadership. Seen from that perspective, it is perhaps a little surprising to see that Secretary Marshall makes not a selfless appeal to support a new global order, but a calculated appeal to Americans' self-interest, accompanied by a sophisticated series of short films to explain its b enefits.

  Read the full USGLC article

Denver Business Journal and Colorado Business Roundtable bring you a unique CEO Panel event, View from the Top. Join us on Friday, July 11th at History Colorado as we explore the unique challenges, opportunities and lessons learned from some of Colorado's top CEO's.

A View from the Top
Save the date: July 11, 2017

7:00- Check-In, Coffee service
7:30-9:00 Panel

Jacque Hinman, CEO of CH2M
John Hayes, CEO of Ball Corp.
Mike Fries, CEO of Liberty Global

IBM and Maersk are digitizing and simplifying global trade to create trust and transparency in the supply chain using blockchain technology--a distributed, permissioned platform accessible by the supply chain ecosystem designed to exchange events data and handle document workflows. 

The example shows how shipping flowers can create trust and security in a digitized workflow while improving efficiencies of global supply chains.

The Colorado Space Business Roundtable (CSBR) is visiting communities around the state to:
  1. Meet with local businesses that are interested in becoming a supplier or subcontractor to the larger aerospace companies such as Boeing, Lockheed Martin, Sierra Nevada, United Launch Alliance, Teledyne Brown Engineering and many others. Opportunities are not limited to businesses that currently work in aerospace.  Almost any product or service could potentially have opportunity.
  2. Meet with local officials, students, educators, and anyone who is interested to learn about the impact aerospace has on our nation, state, and the benefits to every community in Colorado.
  3. Meet with students and educators to discuss educational opportunities such as internships and other programs involving Colorado aerospace companies and organizations.
Monica Lang is Chief of Staff at Zayo Group. She leads Zayo's efforts around community engagement, diversity and inclusion, university recruitment, business intelligence and executive engagement. In addition, Monica ensures effective activity within the organization based on priorities of the CEO and coordinates execution of strategic initiatives.

Prior to joining Zayo, Monica served as the Senior Advisor to Michael B. Hancock, Mayor of Denver. In that capacity, she worked with Mayor Hancock on developing strategic partnerships with leading politicians, business leaders and community liaisons to raise the profile of the Mayor, his priority initiatives, and the City and County of Denver as a world-class international city. Monica also served as Governor Bill Ritter's Executive Assistant. In that role, she provided internal strategy development, including identification and selection of his appointee team as well as liaising with appointees on behalf of the Governor in order to ensure implementation of his initiatives and policy directives. Prior to entering government service, she worked for 10 years at Brownstein Hyatt Farber Schreck where she led the recruitment, training and business development programs for the firm's 250+ attorneys.

Monica is actively involved in the Front Range community and is a member of the Boulder Chamber of Commerce Community Affairs Council and the Women's Leadership Foundation, Corporate Engagement Committee.

As members of the Business Roundtable and CEOs of many of the largest employers in the country, we know firsthand the importance of a strong, skilled workforce to America's economic future. Business Roundtable members take our responsibility as CEOs seriously to help ensure that American workers can succeed in the jobs of today and tomorrow.

A new Business Roundtable report provides powerful profiles of what the private sector is doing to help workers, students, companies and communities thrive. From mentoring programs and modern-day apprenticeships to partnerships with higher education, we are innovating and investing to close the skills gap.

We applaud the President's commitment to industry-driven apprenticeships as a powerful tool to build the skilled workforce prepared for the jobs of the 21st Century.  Business Roundtable accepts the President's challenge to improve and expand apprenticeship opportunities in the United States.

We know that by working together-across party lines and in every community-we can build a workforce that is capable, innovative and flexible, where all Americans have the opportunity to prosper.

To learn more about how leading companies are expanding opportunities for American workers, please visit businessroundtable.org/skills.

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