BCA ON THE GROUND IN WASHINGTON AS NATION'S CAPITAL HOLDS IMPORTANT SUMMITS
Business Council of Alabama President and CEO William J. Canary and Chief of Staff and Executive Director of ProgressPAC Mark Colson this week touched base with important allies in Washington, D.C., where significant summits were conducted by the U.S. Chamber of Commerce and the National Association of Manufacturers.
The BCA is the exclusive representative in Alabama of the NAM and the U.S. Chamber of Commerce.
Canary noted the 10th anniversary this year of The Partnership between the BCA and the Chamber of Commerce Association of Alabama, a match that strengthens both organizations with grass roots contacts and strategic planning and influence in the Alabama and national capitals.
The U.S. Chamber's 10th annual "America's Small Business Summit" held Wednesday through today united business owners, managers, and entrepreneurs who networked in the capital and presented legislative and management concerns to elected officials.
Canary met with U.S. Chamber President and CEO Tom Donohue, Karen Harbert, president and CEO of the U.S. Chamber of Commerce's Institute for 21st Century Energy, and Rick Dearborn, chief of staff to U.S. Sen. Jeff Sessions, R-Mobile.
Canary also attended House Rules Committee meeting where members debated a rule governing consideration of the FY15 Agriculture Appropriations spending bill.
U.S. Rep. Aderholt, R-Haleyville, chairman of the Appropriations Agriculture subcommittee with jurisdiction over the U.S. Department of Agriculture, the Food and Drug Administration, Commodities Future Trading Commission, and Farm Credit Agency, testified on behalf of the bill. A rule was successfully passed to allow for consideration the next day. Debate on the bill is supposed to continue after next week.
The NAM's 2014 Manufacturing Summit held Tuesday and Wednesday allowed NAM members to connect with congressional representatives and discuss issues that affect business, employees, profits, and the future of manufacturing. The NAM's goal is to encourage Congress to advance the manufacturing agenda.
U.S. manufacturing is making a comeback. It contributed more than $2 trillion to the economy, creating jobs and investing in America. Taken alone, American manufacturing would be the eighth-largest economy in the world.
NAM President and CEO Jay Timmons in an op-ed piece said manufacturing, on behalf of 12 million employees, is engaging lawmakers because it understands that Washington can help make the difference between tepid growth and a full-fledged manufacturing comeback by adopting pro-growth and pro-manufacturing policy priorities.
Among the issues are easing a staggering regulatory burden of more than $14,000 per employee on compliance, and the highest corporate tax rate in the world.
Timmons said members urge Congress to establish a permanent research and development tax credit, encourage a trade agenda that opens markets and reauthorizes the Export-Import Bank, promote Federal job training programs, and emphasize an "all-of-the-above" strategy towards energy production.
The Ex-Im Bank is the official export credit agency of the United States and assists small and medium-size businesses with financing. The bank operates at no cost to the taxpayer, and it generates a profit for the government. Last year alone, the bank sent $1 billion to the U.S. Treasury.
The U.S. Chamber also seeks reauthorization of the Ex-Im Bank charter that, without congressional approval, will expire in September. Reauthorization of the charter is also part of the BCA's 2014 federal legislative agenda. The U.S. Chamber also this week reacted to a Wall Street Journal article critical of the Ex-Im Bank. (See following post.)
The NAM has been critical of President Barack Obama's draconian power plant emission rules initiated by executive order that bypass Congress. The BCA supports efforts to delay implementation of EPA greenhouse gas regulations under the Clean Air Act because implementation will hurt business growth.
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