Weekly News from COBRT
October 17, 2017
Colorado's two U.S. Senators on Tuesday said they've both signed a letter opposing the imposition of tariffs on imported solar power panels. 

But they disagreed on the Trump administration's move Tuesday to roll back the Clean Power Plan, one of President Barack Obama's signature pieces of legislation on the environment. 

The current tax code has grown out of control in length and complexity - forcing many Americans to rely on professional help to file even the simplest return.

It also makes our businesses uncompetitive as other nations provide lower tax rates, and incentivizes American businesses to move their headquarters or utilize offshore jobs. The U.S. has the highest corporate tax rate among the 35 advanced economies in the world. This is unacceptable.

President Donald J. Trump is working to reform our tax system so that Americans are treated fairly, can keep more of their hard-earned money, and companies can bring jobs back to the United States.

"We believe every-day Americans know better how to spend their own money than the federal bureaucracy, and we want to help them keep as much of that hard-earned money as we can." - President Donald J. Trump

With the Senate looking toward what's next on health care reform and open enrollment looming, one issue picking up bipartisan support is delaying the health insurance tax for 2018. Delaying the tax would be an immediate action Congress could take to lower premiums. In fact, if a delay of this tax is passed soon, individuals, employers and seniors could see premiums lowered by as much as 3 percent next year. 

The annual Colorado Business Economic Outlook offers decision makers in-depth analysis and information about Colorado's economy. 

Please join us on December 7th from 11:30 am to 1:30 pm in helping recognize leaders in Colorado and come listen to our keynote speaker, Jim Clifton, Chairman and Chief Executive Officer of Gallup, discuss his view of business collaboration. Early bird registration is available for the awards luncheon until October 15th.  
The first October Aerospace STEM magazine has been released. The monthly e-magazine is free for all educators, students, and parents and is just for Colorado. There are opportunities for content submission and advertising. The Colorado Aerospace STEM Magazine goes out the first week of each month. 

The popular "Colorado Experience Road Show" presented by The Colorado Office of Film, Television and Media (COFTM) and Rocky Mountain PBS returns for the 2017 season with the premiere screening of "Uranium Mania" at the Grand Junction Museum of the West Thursday, October 12, at 6:00 pm, kicking off a 9-stop statewide tour celebrating Colorado history and original television content. 
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Colorado's Financial Services Talent Imperative Roundtable on October 13th
Colorado's top insurance regulator responded on Thursday to President Donald Trump's health care executive order with concern, saying the policies endorsed could lead to flimsier coverage in the state and much higher costs for the sick. 

"The limited benefits, the focus on the healthy at the expense of those with pre-existing conditions, and lack of regulatory oversight will cause problems for the health insurance market as a whole," said Marguerite Salazar, the state's insurance commissioner. 

The Colorado Small Business Development Center (SBDC) will launch a statewide Cyber Security program in October 2017. This program will ensure that small businesses throughout the state have access to relevant and up-to-date education and free one-on-one consulting on how to best protect their assets and investments. Forty-three percent of small businesses owners fall victim to a cyber attack. The SBDC aims to help small businesses protect themselves from these unforeseen threats which can potentially cripple their business and livelihood. Consulting and classes will range from cloud computing to securing technology in order to meet government procurement and compliance standards. 

President Donald Trump plans to cut off subsidy payments to insurers selling Obamacare coverage in his most aggressive move yet to undermine his predecessor's health care law. 

The subsidies, which are worth an estimated $7 billion this year and are paid out in monthly installments, may stop almost immediately, since Congress hasn't appropriated funding for the program. 

 Business Roundtable Statement on NAFTA Renegotiation
Washington - Tom, Linebarger, Chairman and Chief Executive Officer of Cummins Inc. and Chair of the Business Roundtable International Engagement Committee, issued the following statement in response to the Trump Administration's notification to Congress of its intent to modernize the North American Free Trade Agreement (NAFTA): 

"Business Roundtable supports the Administration's efforts to modernize and strengthen NAFTA. NAFTA is over 20 years old and should be updated to expand upon the many benefits it has helped create for the United States."

talentFOUND Sectors Summit 2017 - Accelerating Work-based Learning
talentFOUND Sectors Summit 2017 - Accelerating Work-based Learning where   Becky Takeda-Tinker received the Talent Champion Award
It is important that all Americans understand that tax reform will drive growth that benefits everyone. While nobody is going to get everything that they want in a policy debate, it is time for companies and Congress to set parochial and partisan interests aside to find a way to pass tax reform. Let's judge any proposal on whether or not it will result in greater economic growth, more jobs and higher wages while allowing American businesses to be competitive internationally. If so, let's get it done. 

The Clean Energy Means Business Corporate Summit, presented by the Colorado Solar Energy Industries Association (COSEIA), will bring together leaders in the business community and clean energy experts from throughout the Mountain West to collaborate and share insights on corporate clean energy development. In this two-day event you will learn the latest innovative strategies for effectively managing energy costs with clean energy solutions. 

Registration is discounted through promo code COSEIA195.

The Trump administration will remain in the international nuclear deal with Iran for now, top national security aides said Sunday, a message of reassurance after allies, members of Congress and the Iranian regime criticized President Trump's decision to set conditions on further U.S. participation. 

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  www.cobrt.com/radio and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes
See all at our events page and use this contact form to add yours!
The New Higher Education Paradigm: Retaining and Upskilling Your Employees - Colorado State University-Global Campus and COBRT

Colorado Crowdfunding Forum - University of Colorado Denver Business School

25th Fall Conference & Exhibition - Colorado Nonprofit Association

11/7/2017 - 11/8/2017
Clean Energy Means Business Corporate Summit - Colorado Solar Energy Industries Association

2017 Annual Meeting & Luncheon - Colorado Oil & Gas Association

4th Annual Legislative Reception - Colorado Business Roundtable

2017 Annual Luncheon - Denver South Economic Development Partnership

 2017 CSBR Roundup - Colorado Space Business Roundtable


Colorado Business Economic Outlook 2018 Forum - University of Colorado Boulder

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