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Message from the Boardroom

Thursday March 8th, 2012   •   Posted by Craig Eyermann at 10:02am PST   •  

If you were a CEO of one of America’s largest companies, what message would you want to deliver to the President and to members of the U.S. Congress?

Would you believe it’s “balance the federal budget, lower business taxes, and reform regulation?” Roll Call‘s Kate Ackley reports:

Fresh out of a meeting with members of the Blue Dog Coalition, dozens of CEOs in town for a series of Business Roundtable policy and lobbying meetings today unveiled proposals to boost the economy.

The plan, billed as “Taking Action for America,” calls for a balanced federal budget, a reform of federal regulations and a lower corporate tax rate based on a territorial tax system, among others.

Former Michigan Gov. John Engler (R), who is president of the Roundtable, and the CEO contingent met with President Barack Obama on Tuesday night and were set to meet today with Treasury Secretary Timothy Geithner.

“Today we are focusing on one thing and one thing only: re-energizing the slow-growing economy and putting America back to work,” said Jim McNerney, the Roundtable’s chairman and the CEO of Boeing Co.

McNerney said the country won’t be successful in repairing the economy as long as business and government are divided, and while government itself is divided amid partisan politics. He stressed that lawmakers should not wait until after the November elections to move on the Roundtable’s proposals, such as tax reform.

“We cannot afford inaction from Washington,” added Andrew Liveris, president and CEO of the Dow Chemical Co.

As they say, be sure to RTWT (especially for the description of the hoops and hassles that Boeing had to go through to build jets in South Carolina!)

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March 2012