CED
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CED in the News
Milwaukee Journal Sentinel
April 25, 2008
Guy Boulton
Coalition Pushes for Health Care Reform
"Too much money is misspent and misallocated in the current system, said Charlie Kolb, president of a Committee for Economic Development, a group of business and education leaders that does policy research on the major economic and social issues."
WisPolitics.Com
April 25, 2008
Samantha Hernandez
Ryan, Lawton Talk Health Care at Forum
"Jeff Joerres, president and CEO of Manpower, said that health care is not a Republican or a Democratic platform. He said that other countries are being given a chance to catch up with the U.S. because their workers are not stuck at a job for health care."
Asbury Park Press
April 23, 2008
Hard Times Make Work Harder for Street's Analysts
"The so-called earnings game each quarter makes stock prices more volatile, wastes corporate resources and may encourage managers to use aggressive accounting or delay investments, according to a report Donaldson helped produce in June for the Committee for Economic Development, a Washington nonprofit policy group formed in 1942 to promote 'sustained economic growth.'"
Bloomberg News
April 22, 2008
Peter Robison
What's Analyst Worth? Not a Penny as Estimates Miss (Update1)
``'The whole game is silly,'' said former U.S. Securities and Exchange Commission Chairman William Donaldson, who led a group that recommended abolishing quarterly forecasts and reducing the amount of executive compensation tied to quarterly earnings per share. 'Earnings themselves are subject to interpretation.'
The so-called earnings game each quarter makes stock prices more volatile, wastes corporate resources and may encourage managers to use aggressive accounting or delay investments, according to a report Donaldson helped produce in June for the Committee for Economic Development, a Washington nonprofit policy group formed in 1942 to promote 'sustained economic growth.'''
The so-called earnings game each quarter makes stock prices more volatile, wastes corporate resources and may encourage managers to use aggressive accounting or delay investments, according to a report Donaldson helped produce in June for the Committee for Economic Development, a Washington nonprofit policy group formed in 1942 to promote 'sustained economic growth.'''
Congressional Quarterly
April 3, 2008
Catharine Richert
East Meets Midwest in Regulatory Merger Fight
"'Their fortune has a huge effect on a lot of people,' agreed Joseph Minarik, vice president for the Committee for Economic Development, an economic think tank."
Employee Benefit News
April 1, 2008
Elayne Robertson Demby
"'To participate in the system, insurers will have to take all comers,' says Minarik. 'It would be similar to the Federal Employees Health Benefit Plan with guaranteed issue and guaranteed renewability.' Standard premiums would be set and insurers prohibited from setting rates based on age or pre-existing conditions. The new system would be financed through payroll taxes and other taxes. Additional financing would come from the elimination of the current tax exclusion for employer-provided insurance."
Education Week
March 27, 2008
Tom Carroll
"The Committee for Economic Development found that investing $4,800 per child in preschool can reduce teenage arrests by 40 percent."
Center for Political Accountability
March 19, 2008
"Directors have a responsibility for assuring that company
political spending is disclosed and rigorously reviewed. That
message was delivered to 100 attendees at the first ever
conference on Money, Politics and Corporate Risk organized by
the Center for Political Accountability (CPA) with the Wharton
School's Zicklin Center for Business Ethics Research and
Baruch College's Zicklin School of Business."
political spending is disclosed and rigorously reviewed. That
message was delivered to 100 attendees at the first ever
conference on Money, Politics and Corporate Risk organized by
the Center for Political Accountability (CPA) with the Wharton
School's Zicklin Center for Business Ethics Research and
Baruch College's Zicklin School of Business."
Triple Pundit
March 9, 2008
Jay Harris
Corporate Calls for Global Competence: Rhetoric vs. Action
"Corporate response to the global competency imperative has lacked significance, far too little support for those in a position to address the needs voiced by CEO's."
PR Newswire
February 28, 2008
"'Business leaders are already aware that investing in early childhood
can strengthen economic development and can provide the country with the
work force we need to stay competitive,' said Robert Dugger, managing
director of the Tudor Investment Corporation and Advisory Board chair of
the Partnership for America's Economic Success. 'This new research
emphasizes more than ever how important it is to invest in children in
their first years of life in order to strengthen our position in this
increasingly global marketplace.'"
can strengthen economic development and can provide the country with the
work force we need to stay competitive,' said Robert Dugger, managing
director of the Tudor Investment Corporation and Advisory Board chair of
the Partnership for America's Economic Success. 'This new research
emphasizes more than ever how important it is to invest in children in
their first years of life in order to strengthen our position in this
increasingly global marketplace.'"
The Badger Herald
February 26, 2008
Associated Press
Supreme Court Candidates Defend Themselves
"The debate came after three national, nonpartisan groups — the Committee for Economic Development, Justice at Stake and the Reform Institute — announced their support for public financing for Wisconsin Supreme Court races."
The Daily News
February 25, 2008
Scott Bauer
Supreme Court Candidates Spar Over Fundraising Letter
"The idea of public financing for high court races has received more attention in Wisconsin since last year's race in which Annette Ziegler defeated Linda Clifford. The election cost a record $6 million, with about half of that spent by outside groups."
WBAY-TV
February 25, 2008
3 Groups Announce Support for Public Financing for Judicial Races
"The groups are the Committee for Economic Development, which consists of 200 business leaders and university presidents, and the Justice at Stake Campaign, which is a partnership of 50 groups dedicated to keeping courts fair and impartial."
Pittsburgh Sunday Tribune-Review
February 24, 2008
Rick Stouffer
"'We thought it important to move away from the employer-sponsored system, and create an independent agency modeled on the Federal Reserve to oversee regional exchanges that would provide for every individual a selection of competing, private insurance plans,' said Jerome Grossman, director of Harvard University's Kennedy School of Health Care Delivery Policy program."
Connecticut Post
February 23, 2008
Peter Urban
Shays Joins Fight for Better Health Care
"Lawmakers will need to find a centrist proposal that can attract significant support from Democrats and Republicans regardless of the election outcome because they will need at least 60 out of 100 votes in the Senate to move forward. 'Because they will need a bipartisan plan, Shays could be in a position to possibly be around when decisions are being made,' Minarik said."
Education Week
February 15, 2008
Debra Viadero
Survey on Homework Reveals Acceptance, Despite Some Gripes
"The MetLife findings are based on an online survey of more than 1,000 teachers, 501 parents, and 2,101 K-12 students. Harris Interactive, the Rochester, N.Y., polling organization, conducted the survey between March and June of last year. The results were released here during a Feb. 14 press conference hosted by the Washington based Committee on Economic Development."
National Public Radio
February 14, 2008
Claudio Sanchez
Homework Survey Shows Teacher-Parent Divide
"Experts have called homework the most 'haphazard educational practice in America's schools.' Yet most teachers, parents and students seem to think it's absolutely necessary. If only they could agree on how to make homework less boring and more relevant. A new survey about homework offers insight into why it gets on everybody's nerves."
Information World Review
February 13, 2008
Daniel Griffin
Could an Open Access Model Transform Healthcare?
“'Openness is not binary; information or processes are not open or closed. They sit on a broad continuum stretching from closed to open, based on their accessibility and responsiveness.' So concludes the latest report from the Committee for Economic Development (CED)"
The Open House Project
February 12, 2008
John Wonderlich
Transparency in Healthcare and Scientific Research
"Their new report, 'Harnessing Openness to Transform American Health Care,' examines healthcare’s potential transformation in the face of Internet technology, much like the Open House Project has for Congress."
Financial Week
February 11, 2008
Mark Bruno
Earnings Forecasts Suffer Amid Economic Upheaval
"'There's so much judgment that goes into the earnings figure that it really is kind of a meaningless, arbitrary figure that a company is held accountable for,' said William Donaldson, a trustee for the Committee for Economic Development and former chairman of the Securities and Exchange Commission."
Wired
February 8, 2008
Alexis Madrigal
Report Pushes Open Access to Improve Healthcare
"A new report published today prescribes openness in medicine, including open-access publishing of research data, as a means for improving the healthcare system. Published by the Committee for Economic Development, a nonprofit, nonpartisan thinktank, was released today in San Francisco. The researchers, led by Eliot Maxwell, see openness as transformative lens for the healthcare field."
Exchange Morning Post
February 7, 2008
Money, Politics and Corporate Risk
"Former congressman and White House chief of staff Leon Panetta will give a luncheon address on the role and responsibilities of corporations as participants in the democratic process. Other high-profile participants include Gerald Greenwald, former CEO of UAL Corp.; Charles Kolb, president of the Committee for Economic Development; Larry Harris, a principal in Mason-Dixon Polling & Research; Bruce Freed, executive director, the Center for Political Accountability; Karl Sandstrom of Perkins Coie LLP and former vice chair of the Federal Election Commission, and John Elliott, dean of the Zicklin School of Business."
Faster Cures: Smart Brief
February 5, 2008
"The CED report, 'Harnessing Openness to Transform American Health Care,' focuses on how to improve health care by giving people more access to information."
Milwaukee Journal Sentinel
February 1, 2008
State Sen. Jon Erpenbach (D-Middleton)
Working at the Margins No Longer Useful in Health Care Reform
"The Committee for Economic Development, a group of business executives from some of our nation's larger corporations, has said that we can't tinker at the edges and that we need to look at a fundamentally different solution."
The School Administrator
February 1, 2008
Yong Zhao
What Knowledge Has the Most Worth?
"A report released by the Committee for Economic Development, a Washington D.C.-based organization, stated in February 2006: 'Many American students lack sufficient knowledge about other world regions, languages and cultures, and as a result are likely to be unprepared to compete and lead in a global work environment.' Most American schools do not offer foreign languages until high school."
Yahoo! Finance
January 30, 2008
Barbara Whelehan
Revolt (or vote) for health care!
"Other employer groups are murmuring about change. A report by the Committee for Economic Development, an organization composed of business leaders and educators, suggests that the current employment-based health benefits system is 'dragging down the entire health-care delivery system,' and that it should be replaced by a universal health care plan."
Medical Device Daily
January 28, 2008
Lynn Yoffee
Openness Could Close the Gap Between Discovery, Patient Care
“What's the common thread to improve the healthcare continuum? 'Harnessing Openness to Transform American Health Care,' a report released by the policy research group Committee for Economic Development (CED, Washington), insists that openness among all of the key health players can realistically lead to improvements in care as well as benefiting corporate America."
Honolulu Advertiser
January 24, 2008
Dennis Camire
Early Education Funding Sought
"Charles E.M. Kolb, president of the business think tank Committee for Economic Development, called for more investment in pre-kindergarten programs because it increases the likelihood the students will make more economic and social contributions to society than it costs to educate them.
Implementing voluntary preschool programs for all students is expected to generate $2 to $4 in benefits for every $1 invested, Kolb said. That amount would include 50 cents in reduced crime costs and 36 cents to 77 cents in school savings, he said."
Implementing voluntary preschool programs for all students is expected to generate $2 to $4 in benefits for every $1 invested, Kolb said. That amount would include 50 cents in reduced crime costs and 36 cents to 77 cents in school savings, he said."
Healthcare IT News
January 23, 2008
Bernie Monegain
Openness, EHRs Transformative for Healthcare, Business Group Asserts
"'The United States has long been a leader in medical innovation and treatment. Health care continues to grow as a percentage of our economy,' said Charles Kolb, president of the Committee for Economic Development. "Future economic growth will benefit by greater openness in the field."
'The recommendations in Harnessing Openness to Transform American Health Care provide a way to greater access to information by more people, and more possibilities for them to contribute based on their own expertise and energy. It shows us a path to improve healthcare without great additional expense,' he added."
'The recommendations in Harnessing Openness to Transform American Health Care provide a way to greater access to information by more people, and more possibilities for them to contribute based on their own expertise and energy. It shows us a path to improve healthcare without great additional expense,' he added."
TechJournal South
January 23, 2008
Study Says: Openness in Healthcare System Would Boost Economy
"American health care can be greatly improved by embracing 'openness' throughout the health care arena. That is the principle finding of a new report, Harnessing Openness to Transform American Health Care, released by the Digital Connections Council (DCC) of the Committee for Economic Development (CED)."
Imaging Technology News
January 23, 2008
New Report Focuses on Benefits of Greater 'Openness' in U.S. Healthcare
"Several studies noted in the CED report have found that it takes 13-17 years for 14 percent of research findings to get into general medical practice. Harnessing Openness to Transform American Healthcare recommends greater openness through making information available under far less restrictive conditions and increasing the ability of others to contribute to it, so that, for example, research findings are more actively disseminated, become part of medical best practices, and improve patient outcomes."
Reuters
January 22, 2008
Greater 'Openness' in Health Care System Would Improve Results, Create Economic Growth
"American health care can be greatly improved by embracing 'openness' throughout the health care arena. That is the principle finding of a new report, Harnessing Openness to Transform American Health Care, released by the Digital Connections Council (DCC) of the Committee for Economic Development (CED)."
Arkansas Business Journal
January 21, 2008
Gwen Moritz
"The CED specifically rejects the 'Medicare−for−all' approach so popular on the political left. That would achieve universal coverage but bankrupt the nation, according to Charles Kolb, CED's representative on the recent panel discussion in Little Rock. But neither does the CED adopt the free−market approach advocated by political conservatives, which would save money mainly by leaving more Americans uninsured − especially in the less populous mid−section of the country that happens to include Arkansas.
CED calls its recommended system 'market−based universal health insurance.' Its foundation is government−regulated − think Federal Reserve or Securities & Exchange Commission kind of regulation − but competitive basic insurance plans that, through tax dollars, would be made affordable for all Americans. Those who are willing to pay for more would be allowed to but wouldn't have tax incentives to do so."
CED calls its recommended system 'market−based universal health insurance.' Its foundation is government−regulated − think Federal Reserve or Securities & Exchange Commission kind of regulation − but competitive basic insurance plans that, through tax dollars, would be made affordable for all Americans. Those who are willing to pay for more would be allowed to but wouldn't have tax incentives to do so."
Open Access News
January 21, 2008
Peter Suber
Business Leaders Support Open Access for Publicly-Funded Research, Again
"The Digital Connections Council (DCC) of the Committee for Economic Development (CED)...has found that an increased degree of openness often leads to greater innovation because it allows contributions to a work from more individuals whose differing insights and experiences can add considerable value."
Hospitals and Health Networks
January 17, 2008
Ian Morrison
"Center for comparative effectiveness. Increasingly, there are calls from health policy groups (including America’s Health Insurance Plans and the Committee for Economic Development) for the creation of a national independent center to evaluate the cost-effectiveness of new medical technologies and provide side-by-side analysis of the effectiveness of new technologies against existing therapies."
Arkansas News Bureau
January 14, 2008
John Lyon
Health Care to be Top Issue of 2008, Lincoln, Pryor Predict
"Better Health Care Together has set a goal of achieving a new heath care system by 2012. In addition to Wal-Mart, members include AT&T, the Howard Baker Jr. Center for Public Policy, the Center for American Progress, the Committee for Economic Development, the Communications Workers of America, Embarq Corp., Generals Mills, Intel, Kelly Services, Manpower Inc., Qwest Communications International and the Service Employees International Union."
Wisconsin Technology Network
January 14, 2008
Joe Vanden Plas
Workforce Shortage is Real, but Solutions Must be Creative
"Some business leaders and academics are also advancing the shortage thesis despite the economic downturn. Two reports with findings similar to the BEST study subsequently emerged in the spring of 2003. One was a report addressed to the Government-University-Industry Research Roundtable (GUIRR) of the National Academies, and the other was prepared by the Committee for Economic Development (CED), an organization of business and education leaders."
The American Prospect
January 1, 2008
Ezra Klein
Why 2009 Is the Year for Universal Health Care
"'It's a global competitiveness issue,' says Charles Kolb, president of the Committee for Economic Development, a business coalition. 'Even if it weren't, it's a cost issue. Health care costs are growing at a rate that's simply not sustainable. (Our members) are in the business of business, not the business of health care.'"
The Link
January 1, 2008
Keeping Jobs Onshore: It Takes Work
"'It's hard to know the future,' says Elliot Schwartz, vice president and director of economic studies at the Committee for Economic Development. 'Education is a continuous activity throughout adult life. You couldn't predict that software programmers would be threatened by overseas programmers, or accountants by overseas accountants or X-ray readers by overseas X-ray readers. Part is being prepared to make a change, to re-skill, to be flexible. Workers are at risk.'"
Journal of School Health
January 1, 2008
Tena B. Hoyle, EdD, FASHA, Beverly B. Samek, MEd, Robert F. Valois, PhD, MPH, FASHA
Building Capacity for the Continuous Improvement of Health-Promoting Schools
"According to a 1994 report of the Committee for Economic Development, schools must partner with community agencies and service providers to address health and social needs of students. Schools can provide 'a critical facility in which many agencies might work together to maintain the well being of young people.'"
Alaska Journal of Commerce
December 23, 2007
Bill Millett
Early Education is a Competitive Necessity in a Global Economy
"Business-related organizations with a similar perspective include the
Committee for Economic Development, the Federal Reserve Bank, Business Week magazine and the Wall Street Journal."
Committee for Economic Development, the Federal Reserve Bank, Business Week magazine and the Wall Street Journal."
The New England Journal of Medicine
December 13, 2007
Alain C. Enthoven, Ph.D., and Wynard P.M.M. van de Ven, Ph.D.
Going Dutch-- Managed-Competition Health Insurance in the Netherlands
"The 'Dutch model' was actually first designed for the United States, and similar proposals are alive today."
http://www.ced.org/docs/report/report_healthcare200710.pdf
http://www.ced.org/docs/report/report_healthcare200710.pdf
The Countian
December 12, 2007
Kelly Wiese
Groups Urge Businesses to Support Court Plan
"The meeting was organized in downtown St. Louis by the Committee for Economic Development, a national business group, and included former Supreme Court Chief Justice Ronnie White, former Democratic Governor Bob Holden and other dignitaries in a panel discussion."
The New York Times
December 9, 2007
Ariel Alexovich
Lawmakers Propose Campaign Reform
"Charles E. M. Kolb, president of the Committee for Economic Development, issued this statement: 'If the public financing system is allowed to die, our democracy will suffer. A truly open election process is based on the belief that anyone who is qualified can run and be considered. Money has always distorted this process. Many in the business community believe that the public financing system – while far from perfect – is an important element in preserving our open election process.'"
The Chief-Leader
December 7, 2007
Meredith Kolodner
Shanker, Business: A Lost Partnership
"Sol Hurwitz, the president emeritus of the business-led Committee for Economic Development, remembered a phone call from Mr. Shanker in 1980 asking for corporate leaders to address the AFT executive council on what science and math skills business needed from high school graduates. When Mr. Hurwitz called upon CED board member Fletcher Byrom for assistance, the president of the Koppers Company asked him, 'Why in the hell should I meet with some damn union thug to talk about education?'
That was, oddly enough, the start of a beautiful friendship. Prior to the 1980s, corporations had little direct relationship with national education policy, Mr. Hurwitz said."
That was, oddly enough, the start of a beautiful friendship. Prior to the 1980s, corporations had little direct relationship with national education policy, Mr. Hurwitz said."
Connecticut Post
December 6, 2007
Peter Urban
Presidential Financing Under Review
"The legislation has been endorsed by Americans for Campaign Reform, Campaign Legal Center, Common Cause, Committee for Economic Development, Democracy 21, League of Women Voters, Public Campaign, Public Citizen and U.S. PIRG."
Centre Daily Times
December 4, 2007
Katie Cuppett
Early Childhood Education Pays Dividends
"According to a 2006 report from the Committee for Economic Development on early childhood education, every dollar invested in high-quality preschool programs produces $2 to $4 in net present-value benefits. Other studies have shown benefits of up to $7."
Green Bay Press-Gazette
December 1, 2007
Mike Hoeft
Economic Summit at UWGB Stresses Early Learning
"'Getting that word out to area stakeholders was an important part of Friday's event,' said Charles Kolb, president of the Committee for Economic Development. 'Networking is one of the best ways to ensure the community rallies around early childhood needs,' he said."
Managed Healthcare Executive
December 1, 2007
Jill Wechsler
Employer-based Healthcare System is Under Scrutiny
"A leading proposal for "moving beyond the employer-based health-insurance system" was unveiled last month by the Committee for Economic Development (CED). Under a project directed by health policy guru Alain Enthoven, this business policy group called for replacing employer-provided health-insurance with a network of regional 'exchanges.'"
The Miami Herald
November 27, 2007
Matt Stearns
Clinton Plan Called Fiscally Unrealistic
"Given the budget deficit, the costs of the Iraq war and resupplying the military and massive expenditures looming for entitlement programs such as Social Security and Medicare, it's likely that the next president will have to do something similar to what the first Bush administration did in 1990 and the Clinton administration did in 1993: a combination of tax increases and spending cuts to ensure real fiscal stability, said Joseph Minarik, a Clinton administration budget official who is now the senior vice president of the Committee for Economic Development, a centrist economic policy group in Washington.
HeadFirst Colorado
November 15, 2007
Provocative Questions at MetLife Event
"Yesterday’s downtown breakfast forum sponsored by the Public Education Business Coalition on the latest MetLife Survey of the American Teacher was an interesting event with informative and useful contributions from the four panelists."
Workforce Management
November 13, 2007
Business Group Seeks an End to Employer-Based Health Coverage
"In a report released last month, the Committee for Economic Development wrote that recommendations it made five years ago, among them a proposal to create health care purchasing coalitions, have not worked."
PR Newswire
November 13, 2007
"Joint Statement: Concord Coalition, Center for Budget and Policy
Priorities, Committee for Economic Development, and Committee for a
Responsible Federal Budget."
Priorities, Committee for Economic Development, and Committee for a
Responsible Federal Budget."
The Urban Lawyer: The National Journal on State and Government Law
November 8, 2007
Laurie Reynolds
Local Governments and Regional Governance
"I concur with a growing critique of regional special districts and highlight the overlooked wisdom of the Advisory Commission on Intergovernmental Relations and the Committee for Economic Development, two entities that mounted persuasive, yet unheeded, attacks on special districts decades ago."
West Central Tribune
November 5, 2007
Bob Haines
Invest in Our Youngest Citizens
"The Committee for Economic Development, The Business Roundtable and Corporate Voices for Working Families have all issued reports and statements of support for high-quality early childhood education."
College Planning & Management
November 2, 2007
Carole M. Berotte Joseph, Ph.D.
The Good of Going Global: Creating a Culture of Diverse Exchange
"More than that, the Committee for Economic Development said in its February 2006 report, 'the global economic and technology revolutions are redefining the nation’s economic security and are reshaping business, work, and life.' As educators, we must reflect that change within our colleges, programs, and curricula.
Helena Independent Record
October 31, 2007
John Harrington
Health Care System is Unsustainable, Says CED President
"Charles Kolb, president of the Committee for Economic Development, told professionals Tuesday at the Montana Health Care Forum that the current system costs more than any in the world but doesn’t offer better health care than any other developed country while leaving too many people without insurance."
Calibre Marco*World
October 30, 2007
Joint Statement on the Need for Pay-As-You-Go Discipline
"The following joint statement was released today by the Center on Budget and Policy Priorities, the Committee for Economic Development, the Committee for a Responsible Federal Budget and the Concord Coalition. The four organizations joining in this statement have come together on a number of occasions in the past to express their concern about the threat that chronic deficits pose, and their support for Pay-As-You-Go rules (PAYGO) to help prevent the deficit situation from becoming worse."
Managed Care Business Week
October 30, 2007
Quality, Affordable Health Care for All
"'The CED plan is not Medicare for all, and it is not markets for all,' said Dr. Jerome Grossman, Senior Fellow, John F. Kennedy School of Government and Director of the Harvard/Kennedy School Health Care Delivery Policy Program. Dr. Grossman is a CED Trustee and co-chair of the CED Health-Care Subcommittee that produced the report after two years of research and discussion by CED’s Trustees and health care experts."
The Charlotte Observer
October 26, 2007
Bertram L. Scott and Charles E.M. Kolb
Early Childhood Education: This Investment Pays Off for Children and for Companies
"America treats early education as an individual consumer choice rather than a public responsibility, putting the financial burden largely on working parents. Yet the absence of a comprehensive, public early-education system does not save money. Society suffers in many ways for failing to take advantage of the learning potential of all its children -- from lost economic productivity and tax revenues, to higher crime rates, to diminished participation in the civic and cultural life of the nation."
Charlotte Business Journal
October 26, 2007
Bertram L. Scott and Charles E.M. Kolb
Support of Early Education Will Pay Off for Business
"In North Carolina, unscheduled absences cost small businesses an average of $60,000 annually and large companies an average of $3.6 million. Nearly one-quarter of unscheduled absences are due to family issues, including child care needs."
Roll Call
October 25, 2007
Morton M. Kondracke
Furious '08 Debate Over Health Care Could Be Good
"There is merit to each case, and the best answer may be a compromise that involves mandatory coverage, tax credits and a regulated private market. Such a plan has been proposed by Sens. Ron Wyden (D-Ore.) and Bob Bennett (R-Utah) and another by the Committee for Economic Development, a big-business-oriented think tank."
Helena Independent Record
October 25, 2007
Mike Dennison
Health-Care Forum Focuses on Reforms
"For example, the line-up includes Karen Ignagni, president of America’s Health Insurance Plans, a major lobby group for private insurance, and Charles Kolb of the Committee for Economic Development, a group that believes employer-based health insurance should be phased out, leaving individuals to buy health insurance."
Beloit Daily News
October 24, 2007
Editorial
A Tipping Point for Health Care?
"We've said before, if the tipping point toward universal health care is reached, it will be the result of the private sector exhausting its patience with out-of-control costs. There are signs that point may be nearing. The Milwaukee Journal Sentinel reports on recommendations reached by the Committee for Economic Development. That's a group which includes current and retired chief executives of large corporations, Wall Street investment bankers and other high-powered business leaders, along with key academic figures."
The Capital Times
October 24, 2007
Editorial
Big Biz Elite Sees Health Care Need
"Another sign that this country is ready for universal health care came this past weekend from the Committee for Economic Development, a research and policy organization that includes current and retired executives of corporations like GE, Caterpillar, Pfizer, Honeywell and many other U.S. business giants."
Milwaukee Journal-Sentinel
October 21, 2007
Guy Boulton
"The Committee for Economic Development proposes replacing the current system with one that would provide universal coverage and remake the way health insurance is bought and sold."
The Washington Post
October 21, 2007
David Broder
"But Leavitt's view is that the government should not own health care; instead, it should organize the health-care marketplace and then let competition based on full information proceed. This is completely consistent with the proposal I wrote about last week from the business-dominated Committee for Economic Development, a model of individual insurance with a public subsidy replacing employer-financed insurance. It is also -- do not faint -- consistent with the plan described by Hillary Clinton, the leading Democratic candidate for president."
Christian Science Monitor
October 20, 2007
Where Does the US Stand Now that Dollar is Taking a Hammering?
"The US will have to adjust to a changing situation, that it is one among a set of leading industrial powers, but 'not calling all the shots' on international economic issues, says Van Doorn Ooms, a senior fellow at the Committee for Economic Development, a nonpartisan research group of 200 US business leaders and educators based in Washington DC."
World Health Care Blog
October 19, 2007
Scott MacStravic
Individual vs. Employer-Sponsored Health Insurance
"The recent report calling for 'Moving Beyond the Employer-Based Health-Insurance System', is one of many proposed solutions to the health care crisis that suggests employers should get away from offering health insurance benefits. ['Quality, Affordable Health Care for All' Committee for Economic Development Oct 2007]."
Reason Magazine
October 16, 2007
Ronald Bailey
Ending Employer-Based Health Insurance Is a Good Idea
"'The U.S. employer-based health-insurance system is failing,' declares a new report by the Committee for Economic Development (CED). The CED is a Washington, D.C.-based policy think tank comprised of business and education leaders. And it is right: Employer-based health-insurance is indeed failing."
San Jose Business Journal
October 15, 2007
Business Group Urges End of Employer-Based Health Care
"Robert Chess, chairman of San Carlos-based Nektar Therapeutics (NASDAQ:NKTR), trustee of the Committee for Economic Development (CED) and co-chair of its health-care subcommittee, said, 'There are successful models for consumer choice of insurance plans, including the federal employees plan. The CED proposal builds on the best of those ideas and adds some new ones to achieve affordable, sustainable, quality coverage for all Americans.'"
The Washington Post
October 14, 2007
David Broder
A Market Makeover for Health Insurance
“And this week the Committee for Economic Development (CED), a high-powered business group, will give a strong push to the idea with a report saying in blunt terms that business can no longer afford to pay the rising costs and lacks the clout to curb the forces that are driving health-care inflation.
Instead, the report calls on government to restructure the private insurance market in less rigid form than Hillary Clinton proposed 14 years ago -- and then step back and let competitive market forces do their invaluable work of forcing recalcitrant insurers, doctors and hospitals to bid against each other on the basis of price and quality.
Five years ago, the CED laid out a strategy for business to curb rising health-care costs while continuing to subsidize workers' policies and helping cover the costs of the uninsured. Now, it acknowledges that strategy has not worked.”
Instead, the report calls on government to restructure the private insurance market in less rigid form than Hillary Clinton proposed 14 years ago -- and then step back and let competitive market forces do their invaluable work of forcing recalcitrant insurers, doctors and hospitals to bid against each other on the basis of price and quality.
Five years ago, the CED laid out a strategy for business to curb rising health-care costs while continuing to subsidize workers' policies and helping cover the costs of the uninsured. Now, it acknowledges that strategy has not worked.”
National Public Radio
October 9, 2007
Nina Totenberg
Supreme Court Weighs Third Parties' Fraud Liability
"William Donaldson, who served as chairman of the Securities and Exchange Commission from 2003 to 2005, supports that notion. Without investor lawsuits, he says, there will be little if any incentive to stay out of these kinds of frauds, because SEC fines are far smaller than paying losses to injured investors."
Corporate Board Member Magazine
October 8, 2007
Craig Mellow
Directors to Lobbyists: Stop Picking Our Pockets
"But money is not buying happiness, to judge by dozens of interviews Corporate Board Member conducted with directors, as well as top corporate managers and Beltway savants. 'Business is tired of being shaken down by politicians. The business community wants to compete in the marketplace, not the political arena,' says Charles Kolb, president of the CED."
Committee on House Veterans Affairs
October 3, 2007
Richard Kogan
"The Comptroller General, the Director of CBO, experts at the Brookings Institution, nonpartisan budgeting groups such as the Concord Coalition, the Committee for Economic Development, the Committee for a Responsible Federal Budget, and my own employer, the Center on Budget and Policy Priorities, have all warned repeatedly about the unsustainability of existing budget policies over the long term."
Supercapitalism
October 1, 2007
Robert B. Reich
“These self-described 'corporate statesmen' frequently testified before Congress. They were generous both with their opinions about what was good for the nation. A bipartisan group of them, led by Paul Hoffman, then CEO of the Studebaker Corporation, Bill Benton of Benton & Bowles advertising, and Marion Folsom of Eastman Kodak, formed the Committee for Economic Development. This was no business association in the modern sense, lobbying for narrow business interests. The committee pushed for the Full Employment Act of 1946, which committed the nation to full employment as an official goal of national economic policy. And it lobbied for the Marshall Plan to rebuild Europe, and helped sell the plan to the rest of America. (Hoffman himself became the first administrator.)” Page 46
"A few years ago, before the McCain-Feingold Act put a temporary damper on the flow of 'soft money' (donations to political parties for 'issue advertisements' that often end up as thinly veiled attacks on opponents), several hundred business executives in the Committee for Economic Development—including those from General Motors, Xerox, Merck, and Sara Lee Corporation—endorsed stronger campaign finance reform. The group’s president, Charles Kolb, summarized their view: 'These people are saying: We’re tired of being hit up and shaken down. Politics ought to be about something besides hitting up companies for money.' Their collective support helped to pass McCain-Feingold." Page 211
"A few years ago, before the McCain-Feingold Act put a temporary damper on the flow of 'soft money' (donations to political parties for 'issue advertisements' that often end up as thinly veiled attacks on opponents), several hundred business executives in the Committee for Economic Development—including those from General Motors, Xerox, Merck, and Sara Lee Corporation—endorsed stronger campaign finance reform. The group’s president, Charles Kolb, summarized their view: 'These people are saying: We’re tired of being hit up and shaken down. Politics ought to be about something besides hitting up companies for money.' Their collective support helped to pass McCain-Feingold." Page 211
American Academy of Pediatrics
October 1, 2007
Jay E. Berkelhamer, M.D.
Letter from the President: Year Flies by, but Important Gains Made for Children, Pediatricians
"I have been encouraged by the many organizations that have come together to advocate on behalf of children. America's Promise, the Committee for Economic Development, and People Improving Communities through Organizing (PICO), a national network of faith-based community organizations, are examples of strong bipartisan efforts building broad coalitions to advance a comprehensive children's agenda."
The Most Noble Adventure: The Marshall Plan and the Time When America Helped Save Europe
October 1, 2007
Greg Behrman
"In 1942, Paul Hoffman started the Committee for Economic Development, or CED. He brought in hundreds of economists and leading industrialists like Charles Wilson, chairman of General Electric, and Henry Ford II. CED produced a flurry of studies and reports, and reached business and labor leaders in three thousand communities across America. It became the engine for the best thinking on America's postwar economic path forward.
Through analysis and deliberation, the committee discovered a revitalized faith and sense of possibility in America's economic system. But at the same time, the economy had to provide sufficient security, welfare and opportunity for those who remained vulnerable, those for whom unbridled free enterprise did not provide. A renascent free enterprise industrialist, Hoffman emerged from his work with CED as a 'responsible Republican' or 'Republican and responsible,' as he preferred to say."
Through analysis and deliberation, the committee discovered a revitalized faith and sense of possibility in America's economic system. But at the same time, the economy had to provide sufficient security, welfare and opportunity for those who remained vulnerable, those for whom unbridled free enterprise did not provide. A renascent free enterprise industrialist, Hoffman emerged from his work with CED as a 'responsible Republican' or 'Republican and responsible,' as he preferred to say."
Idaho Business Review
September 24, 2007
Brad Carlson
Analyst: Stop Giving Quarterly Earnings Guidance
"Groups studying short-term market trends include the Virginia-based CFA Institute’s Business Roundtable Institute for Corporate Ethics, the National Investor Relations Institute, the U.S. Chamber of Commerce, The McKinsey Quarterly, economists who produced 'The Economic Implications of Corporate Financial Reporting,' The Conference Board, the Marathon Club, the Committee for Economic Development and The Aspen Institute."
Iowa Independent
August 24, 2007
Lynda Waddington
National Health-Care Conversation Being Shaped in Iowa
"One of the broader coalitions pushing for health care reform is Better Health Care Together. The coalition, which calls for reform by 2012, has created some strange bedfellows. Members of the coalition are AT&T, the Center for American Progress, the Committee for Economic Development, Manpower, Kelly Services, Intel, General Mills, Maersk Inc., SEIU, Wal-Mart, Qwest Communications, R.R. Donnelley, the Howard H. Baker, Jr. Center for Public Policy, Communications Workers of America and Embarq Corp."
Standard Freeholder
August 24, 2007
Maybe it's Time Parents Were Licensed
"The Committee for Economic Development warns that unless preventive investment in early childhood is made, our future labour force will be disproportionately poor, unhealthy, uneducated, and untrained. It concluded that our nation cannot continue to be economically productive when a quarter of our young children live in poverty and a third of them grow up without learning the skills necessary for life in a modern society.
The Columbus Dispatch
August 12, 2007
Jonathan Riskind and Jack Torry
"'In essence, it's buying face time,' said Charles Kolb, president of the Committee for Economic Development, a nonpartisan Washington organization of business and education leaders. 'I've always felt that elected members of Congress were for all the American people, and you shouldn't have to pay a toll to have access to them. We have a system where people who write the checks have the access, and that's a pretty lousy commentary on the openness of our democracy.'"
The Day
August 5, 2007
"The Committee for Economic Development in Washington, D.C., says children who participate in high-quality preschool demonstrate higher academic achievement, are less likely to repeat a grade or require special education classes, and are more likely to graduate from high school and enroll in college."
PR Newswire
July 25, 2007
"In June, our coalition, made up of leaders in business, labor and public policy groups, urged the reauthorization of the enormously successful State Children's Health Insurance Program (SCHIP) with the necessary changes to ensure all children who are SCHIP-eligible but otherwise uninsured get the care they need to live healthy, productive lives," said Charles Kolb, President of the Committee for Economic Development, on behalf of the Better Health Care Together Coalition.
Financial Times
July 24, 2007
Stefan Stern
Mania for Measuring Will Send You Off Target
"In the middle of last month the American Aspen Institute published 'Long-term value creation: guiding principles for corporations and investors', followed two weeks later by the (also US-based) Committee for Economic Development’s 'Built to last: focusing corporations on long-term performance'."
The Wall Street Journal
July 23, 2007
Peter McKay
Numbers Game: Why 'Guidance' May Not Matter
"Big-name market gurus who have lamented the ills of guidance include billionaire investor Warren Buffett and a former chairman of the Securities and Exchange Commission, William Donaldson."
Arizona Daily Star
July 22, 2007
Gabriela Rico
TREO Sees Big Payoff in Early Education
"Taxpayers' money is too often wasted on 'remediation, incarceration and welfare' instead of pouring resources into very young children as they develop their learning skills, according to CED, the Committee for Economic Development in Washington, D.C. "
St. Petersburg Times
July 20, 2007
Associated Press
Stopping Earnings Guidance Could Make for More Volatile Markets
"Among them was the Committee for Economic Development, a Washington think tank whose members include former Securities and Exchange Commission Chairman William Donaldson and former New York Federal Reserve Bank head William McDonough."
CNET News
July 18, 2007
Brian Kahin
Reformers Must Alter One-size-fits-all Patents
"The private-sector Committee for Economic Development subsequently urged Congress to 'reexamine the premise that today's unitary system continues to serve all industrial sectors well, especially given the proliferation of problems regarding software patents.'"
The Boston Globe
July 17, 2007
"Setting up universal preschool for even one age group could generate as much as $150 billion in benefits, according to the Committee for Economic Development, a nonprofit policy research organization."
Ledger-Enquirer
July 16, 2007
Tony Adams
"Among those who think guidance as we know it should come to an end is the Committee for Economic Development, a Washington think- tank whose members include former Securities and Exchange Commission chairman William Donaldson and former New York Federal Reserve Bank head William McDonough."
Chicago Tribune
July 13, 2007
Rachel Beck
Time to Stop Quarterly Profit Guidance, Some Say
"Among them was the Committee for Economic Development, a Washington think tank whose members include former Securities and Exchange Commission Chairman William Donaldson and former New York Federal Reserve Bank head William McDonough."
The Economist
July 12, 2007
Business in America: Jam Today
"A few days later the Committee for Economic Development (CED), a well-connected think-tank in Washington, DC, weighed in with “Built to Last”, another report bewailing short-termism."
The Clayton News Star
July 5, 2007
A Wise Investment: Bolstering Early Childhood Education will Help Local, National
"He cited an analysis from the Committee for Economic Development (CED) that showed how early childhood education programs should be regarded as critical to economic development."
Yahoo Finance
July 2, 2007
Grant Thornton LLP Partner, Cono Fusco, Comments on CED's New Report Urging End to ''Short-Termism''
"Grant Thornton LLP managing partner of strategic relationships, Cono Fusco, who is a Trustee of CED and served on the CED's Subcommittee on Corporate Governance, commented on the new report: 'We are beginning to see a 'call to arms' by a broad coalition of business, labor, academic and government officials who have become increasingly concerned with the negative impact that pressures to meet quarterly earnings targets are having on companies' long-term performance. '"
Forbes
July 2, 2007
Matthew Kirdahy
"It's possible that one factor contributing to this CEO turnover has to do with a corporate culture in U.S. companies that the Committee for Economic Development recently billed 'short-termist.'"
The New York Post
June 28, 2007
Focus on Long-Term Goals: Donaldson
"Led by former Securities and Exchange Commission Chairman William Donaldson, the Committee for Economic Development said directors should not make short-term decisions at the expense of long-term ones."
The Financial Times
June 27, 2007
Francesco Guerrera
Call to Drop Quarterly Earnings Forecasts
“'Quarterly guidance is at best a waste of resources and, more likely, a self-fulfilling exercise that attracts short-term traders,' says the report by the group, which was brought together by the Committee for Economic Development, a Washington think-tank."
Forbes
June 27, 2007
Matthew Kirdahy
Business 'Must Embrace Long-Termism'
"Donaldson, along with his associates on the Committee for Economic Development (CED), are aiming to fix that, as they spell out in the nonprofit organization's latest report, 'Built to Last: Focusing Corporations on Long-Term Performance.'"
Reuters
June 27, 2007
Emily Chasan
Group Calls on Company Directors to Curb Forecasts
"Led by former U.S. Securities and Exchange Commission Chairman William Donaldson, the Committee for Economic Development said directors should not make short-term decisions at the expense of long-term ones."
Reuters
June 24, 2007
Nick Carey
Unions move toward health-care reform deal
"There is a growing recognition among unions that they can't count on health insurance forever," said Joe Minarik, director of research at the Committee for Economic Development, a Washington-based business lobby."
The Washington Monthly
June 18, 2007
Christopher Hayes
"'The country goes through cycles, and I think we are in a different period now,' Charles Kolb, a pillar of the Beltway establishment and the president of the Committee for Economic Development, a Washington-based business advocacy group, told me."
Cincinnati Enquirer
June 17, 2007
John J. Castellani
Speaking the Language of Globalization
"But as a 2006 report by the Committee for Economic Development notes, businesses require "employees with knowledge of foreign languages and cultures to market products to customers around the globe and to work effectively with foreign employees and partners in other countries."
Idaho Statesman
June 12, 2007
Pat Collins; Ray Flachbart; Larry Koomler; Judy Meyer; Walt Minnick; Mike Mooney and James Steele Jr.
State Should Offer Early Childhood Education, Let Parents Decide
"Three years later, the Committee for Economic Development looked at dollars and cents, concluding that preschool programs generate public and private benefits, 'producing $2 to $4 in net present-value benefits for every dollar invested, having a positive impact on state budgets and boosting long-term economic growth.' Other studies suggest the financial return is even higher."
The Wall Street Journal
June 11, 2007
Emily Meehan
"Other business groups have taken a broader approach and used their political clout to support the industry. For example, the Committee for Economic Development..."
The Columbia Business School Advantage
June 5, 2007
"The authors point out that the original Marshall Plan wasn’t popular in the beginning. It was U.S. business leaders — then led by the Committee for Economic Development —who garnered support through an aggressive information campaign."
The Financial Times
June 4, 2007
Glenn Hubbard and William Duggan
Why Africa Needs a Marshall Plan
"The original Marshall plan started out with only 14 per cent of the US public in support. The tide for action was turned by an aggressive information campaign by US business leaders, in this case the Committee for Economic Development."
The American Prospect
June 4, 2007
Len Nichols
"You might have heard this rumor: The 21st century global economy is here, relentless and amoral, and it is not going away. CEOs are clamoring aboard the health reform bandwagon (see, for example, Wal-Mart's Lee Scott, the Business Roundtable, the Committee for Economic Development, and Safeway's Steve Burd) not because they're suddenly losing sleep over the plight of the uninsured, but because they are worried about how to pay for health care in a competitive economy."
The Des Moines Register
May 20, 2007
Carol Hunter
We Owe Today's Graduates a Chance to Succeed in a Complex World
"Nationally, only about a third of seventh- to 12th-grade students study a foreign language, and only 5 percent of elementary students, according to a report from the Committee for Economic Development."
National Public Radio
May 18, 2007
By Nina Totenberg
A new report shows a dramatic increase in special interest money being spent on judicial elections.
"'What we are seeing now is the beginning of a very serious arms race,' said Charles Kolb, president of the Committee for Economic Development, a business group that is part of Justice at Stake."
"'What we are seeing now is the beginning of a very serious arms race,' said Charles Kolb, president of the Committee for Economic Development, a business group that is part of Justice at Stake."
PR Newswire
May 17, 2007
"At the same time, a new survey conducted by Zogby International
for the Committee for Economic Development shows that four out of five
business leaders worry that campaign contributions have a major influence
on decisions rendered by judges."
for the Committee for Economic Development shows that four out of five
business leaders worry that campaign contributions have a major influence
on decisions rendered by judges."
The Hill
May 8, 2007
"Better Health Care Together is a unique partnership of organizations, launched in February 2007, dedicated to four common sense principles for achieving a new American health care system by 2012. The coalition was founded by AT&T, Inc.; the Howard H. Baker, Jr. Center for Public Policy; the Center for American Progress; the Committee for Economic Development; the Communications Workers of America (CWA); Intel Corporation; Kelly Services, Inc.; the Service Employees International Union (SEIU); and Wal-Mart Stores, Inc. "
Time
May 8, 2007
Mark Halperin
Broad Coalition Calls for Health Care Reform
"The growing call for comprehensive health care reform from representatives of major corporations, labor unions, America's governors, interest groups and the public has become so strong that it could actually give the war a run for its money.
Representatives of big business at the gathering included executives from General Mills, Qwest and, most notably Wal-Mart, which has become for some a symbol of the failure of American corporations to provide robust and affordable insurance to its employees. Major companies in the United States employ many of the nation's more than 40 million uninsured. There for big labor was Andy Stern, the president of the Service Employees International Union, a long-time champion of health care reform who has been criticized by some on the left for working in coalition with Wal-Mart CEO Lee Scott on this effort. Pennsylvania's Democratic governor Ed Rendell and California's Republican Arnold Schwarzenegger (appearing by satellite ) were there, both discussing their major ongoing efforts to pass comprehensive reform this year. The ideological breadth of the coalition was also represented by the interest group members, including the liberal Center for American Progress (headed by Bill Clinton's chief of staff John Podesta) and the business group the Committee for Economic Development."
Business Week
May 8, 2007
Wallace Witkowski
Support Grows for Health Care Coalition
"Support appears to be growing for a coalition initiated by an unlikely pair, Wal-Mart Stores Inc. and the Service Employees International Union, that aims to push affordable, quality health care as a top priority for politicians.
The coalition called Better Health Care Together announced at a forum Tuesday that Embarq Corp., General Mills Inc., Maersk Line, Manpower Inc., Qwest Communications International Inc., and RR Donnelley have climbed on board. The labor union Communications Workers of America also joined, along with the think tanks Center for American Progress, Committee for Economic Development, and the Howard H. Baker Jr. Center for Public Policy. Other members, which signed on in February, include AT&T Inc., Intel Corp. and Kelly Services Inc."
Bloomberg News
May 8, 2007
Lauren Coleman-Lochner
General Mills, Qwest Join U.S. Health-Care Alliance
"Qwest Communications International Inc., General Mills Inc. and four other companies joined Wal-Mart Stores Inc. and two labor groups in a coalition calling for health coverage for all people in the U.S. by 2012.
Two governors -- Arnold Schwarzenegger, a California Republican, and Ed Rendell, a Pennsylvania Democrat -- said states can take the lead in designing measures that cut costs and improving coverage.
Schwarzenegger, speaking to the lunch attendees via satellite, said there has been ``a lack of leadership in the political arena'' when it comes to U.S. health care. "
Reuters
May 8, 2007
Nicole Maestri
General Mills, Qwest Join U.S. Health Care Coalition
"Six corporations, including General Mills Inc. and Qwest Communications, on Tuesday joined a coalition of labor groups and businesses, including Wal-Mart Stores Inc., that are pushing for U.S. health care reform.
The coalition, which was launched in February and includes the Service Employees International Union, a vocal Wal-Mart critic, has not outlined specific proposals for meeting its goal of "quality, affordable" health insurance coverage for all Americans by 2012. "
The Washington Post
May 4, 2007
E.J. Dionne
If Democrats Want to Help the Poor . . .
"Rising inequality" is a bloodless term. But consider the facts behind the phrase: In 2005, the richest 1 percent of Americans had 19 percent of the nation's income, the largest share since 1929; the poorest 20 percent had only 3.4 percent.
The historically inclined will recall that 1929 was the year of the great Wall Street crash, which was followed by the Great Depression. History suggests that concentrating wealth and income in a small group of privileged people is bad for economic growth."
Illinois Bar Journal
May 1, 2007
Irene F. Bahr
Independence More Important Than Ever
"Retired justice Sandra Day O'Connor is campaigning for justice. On April 10, she was the keynote speaker at the Illinois State Bar Association's Conference on Judicial Independence and the Illinois Court System, hosted and co-sponsored by Loyola University Chicago School of Law. Additional co-sponsors were the Sandra Day O'Connor Project on the State of the Judiciary at Georgetown University Law Center, the William H. Rehnquist Center at the University of Arizona School of Law and the Illinois Campaign for Political Reform.
James Reed of the Illinois Education Association and Mike Petro, vice president of the Committee for Economic Development, talked about the importance of civics literacy from the educators' and business leaders' perspectives."
The Chronicle of Higher Education
April 27, 2007
Burton Bollag
"The U.S. is going to become less competitive in foreign markets due to a lack of foreign-language capabilities," warns Alfred T. Mockett, chief executive of Motive Inc., a software company based in Austin, Tex. He was the co-chair of a committee that produced "Education for Global Leadership," a widely quoted report calling for more foreign-language study, published last year by the Committee for Economic Development, a group of business and academic leaders.
Evansville Courier & Press
April 22, 2007
Carol Braden-Clarke
Early Childhood Education is Vital
“According to research by the Committee for Economic Development, investing in early childhood education is one of the most promising ways to strengthen our nation's economic position. Such investments help children develop social, emotional and academic foundations throughout life. The economic benefit is a better-prepared work force, increased employment opportunities, stronger growth and rising standards of living. Societal benefits far outweigh program costs by improving later education, reducing criminal justice costs and increasing income tax revenues.”
The Helena Independent Record
April 22, 2007
Alana Listoe
"Government leaders at the state and local levels have been deeply engaged for years in efforts to promote economic development and some researchers say the answers lie in the investment of our youngest citizens.
A 2002 Committee for Economic Development noted that society pays in many ways for failing to take full advantage of the learning potential of all its children, from lost economic productivity and tax revenues to diminished participation in the civic and cultural life of the nation."
The News Journal
April 2, 2007
By Alison Kepner
Early learning critical, but gaps persist: Vision 2015 calls for tuition aid
” The research seems clear: Children who attended high-quality preschool programs do better in school, are less likely to break the law and are more likely to have high-paying jobs as adults.
Yet most Delaware youngsters never get that advantage.
Only 5 percent of Delaware children younger than 5 are enrolled in nationally accredited preschool programs, according to the National Association for the Education of Young Children.
State investment in early childhood education varies, ranging from less than $1,000 per pupil in Maryland to more than $9,300 in New Jersey, according to a November report by the Committee for Economic Development. The average is $3,500.”
Yet most Delaware youngsters never get that advantage.
Only 5 percent of Delaware children younger than 5 are enrolled in nationally accredited preschool programs, according to the National Association for the Education of Young Children.
State investment in early childhood education varies, ranging from less than $1,000 per pupil in Maryland to more than $9,300 in New Jersey, according to a November report by the Committee for Economic Development. The average is $3,500.”
The Delaware Country (PA) Times
April 1, 2007
By Kathleen E. Carey
Child-Care Crunch: Penn-Delco situation shows dilemma for working parents
"The research demonstrates that America’s future economic growth will be best served by workers who have benefited from high-quality learning programs in their earliest school years," PNC Chairman and Chief Executive Officer James Rohr said at the Partnership for America’s Economic Success "Building the Economic Case for Investments in Children" conference last month.
That sentiment was echoed by Charles Kolb, president of the Committee for Economic Development.
"As we look to our work force needs in the coming century, it is clear that our country’s economic competitiveness is inextricably linked to our investments in the early years of our children’s lives."
That sentiment was echoed by Charles Kolb, president of the Committee for Economic Development.
"As we look to our work force needs in the coming century, it is clear that our country’s economic competitiveness is inextricably linked to our investments in the early years of our children’s lives."
The National Journal
March 30, 2007
By Eliza Newlin Carney and Bara Vaida
Shifting Ground
“The new internal rules adopted by the House sailed through on a 430−1 vote. But three months later, the group perhaps most affected by them −− Washington lobbyists −− couldn't be more confused. Democrats pledged to run the most ethical Congress in history, but reform legislation has bogged down on Capitol Hill. That's because the Senate, taking a different tack from the House, opted to incorporate new ethics rules for its chamber into a broader bill that also aims to rein in lobbyists by amending the Lobbying Disclosure Act. The Senate bill has been stalled in the House.
"What [Congress] is trying to do is create a rules-based system, when what we are talking about is internalizing values," explains Charles Kolb, president of the Committee for Economic Development, a business group that proposes and endorses good-government policies. "The problem in D.C. is that while there are more and more rules and boxes to be checked, we are no more ethical. It's very difficult to regulate behavior."
"What [Congress] is trying to do is create a rules-based system, when what we are talking about is internalizing values," explains Charles Kolb, president of the Committee for Economic Development, a business group that proposes and endorses good-government policies. "The problem in D.C. is that while there are more and more rules and boxes to be checked, we are no more ethical. It's very difficult to regulate behavior."
The Morning Call
March 26, 2007
'Pay-go' the way to go on Capitol Hill
“Four organizations have urged the House and Senate in a joint statement March 21 to take seriously ''the need for pay-as-you-go discipline'' as they consider fiscal 2008 budget resolutions. Both chambers need to sit up and take notice, because all four have much experience studying and advocating fiscal discipline in Washington.
The Committee for Economic Development helped shape the Marshall Plan after World War II, and CED has focused on education and campaign finance laws. Their interests are broad and their records are strong. They ought to be listened to.”
The Committee for Economic Development helped shape the Marshall Plan after World War II, and CED has focused on education and campaign finance laws. Their interests are broad and their records are strong. They ought to be listened to.”
The Herald-Sun
March 25, 2007
Bob Ashley
Business Support for Children is Critical
"In an intriguing comparison, Millett noted a study by the Committee for Economic Development, a business advocacy group. The committee has argued, Millett said, that "building a strong pre-school program is a far better tactic to boost the economy and create jobs than 'territorially competitive' development policies."
Deseret Morning News
March 15, 2007
By Steve Fidel
Americans' Need Foreign Language Skills in Global Community
“The United Nations is facing a shortage of language professionals, who must have advanced language proficiency in three languages — one of which must be Arabic, Chinese, French, Russian, Spanish or English.
The Committee for Economic Development, a Washington, D.C., think tank, wants the federal government to retool its educational agenda and pump $125 million per year into public education to beef up language and foreign-culture training, said Alfred Mockett, an international business executive who co-authored a report on international studies and foreign language education for the committee.
Mockett said only one in three junior high and high school students in the United States studies a foreign language, and the number drops to one in 10 for college students.”
The Committee for Economic Development, a Washington, D.C., think tank, wants the federal government to retool its educational agenda and pump $125 million per year into public education to beef up language and foreign-culture training, said Alfred Mockett, an international business executive who co-authored a report on international studies and foreign language education for the committee.
Mockett said only one in three junior high and high school students in the United States studies a foreign language, and the number drops to one in 10 for college students.”
The Washington Post
February 7, 2007
By Ylan Q. Mui, Washington Post Staff Writer
Wal-Mart, Unions Collaborate on Health Care
“A diverse coalition of some of the nation's largest and most well-known labor, business and policy groups today pledged to work together to fix what they called America's "broken" health-care system by 2012.
Among the founding members are Wal-Mart and the Service Employees International Union, which has frequently criticized the behemoth discount retailer as not providing adequate benefits for its workers. Others include AT&T, the Howard H. Baker Jr. Center for Public Policy, the Center for American Progress, the Committee for Economic Development, the Communications Workers of America, Intel and Kelly Services.”
Among the founding members are Wal-Mart and the Service Employees International Union, which has frequently criticized the behemoth discount retailer as not providing adequate benefits for its workers. Others include AT&T, the Howard H. Baker Jr. Center for Public Policy, the Center for American Progress, the Committee for Economic Development, the Communications Workers of America, Intel and Kelly Services.”
The Wall Street Journal
February 7, 2007
Better Health Care Together Campaign
“An unusual partnership of organizations today launched the "
Committee for Economic Development President Charles Kolb added: "CED is honored to join this campaign. As a business-led public policy organization, we have long been concerned about the viability of our rapidly eroding employer-sponsored health insurance system. CED's business Trustees are currently working on a set of market-oriented, incentive-based reforms that we hope will play a constructive role in achieving today's common sense principles for reform."
The Financial Times
January 23, 2007
By Jeffrey Garten
American businesses must play a leading policy role
“Earlier this week, a broad business coalition that includes General Electric, Alcoa and Lehman Brothers opened a campaign for mandatory caps on greenhouse gas emissions, something the Bush administration has refused to establish. A few days earlier, there had been another push by influential organisations such as the Business Roundtable and the US Chamber of Commerce to provide insurance for the 47m Americans who do not have it, something President George W. Bush started to address seriously only last night in the State of the Union speech. Could this be the start of a shift in how corporate
The Los Angeles Times
January 9, 2007
Ricardo Alonso-Zaldivar
"Said economist Joseph Minarik, "I suspect that what we're seeing is something like we observed in the early 1990s, that as costs go up some resistance is being thrown in their path. But the resistance is not a fundamental change, and the fundamentals in the system will continue to push costs higher."
Chief Executive Magazine
April 10, 2006
By Peter Galuszka
High Stakes on K Street
“The Committee for Economic Development (CED), a Washington-based group with many CEOs on board, is launching a detailed study of campaign financing and lobbying. It may result in best practices guidelines that could become a business norm. “We hope that in less than a year, we will have significant recommendations,” says Roderick M. Hills, CED chairman and a Washington lawyer who was head of the U.S. Securities & Exchange Commission in the 1970s and has served on the boards of 20 companies.”
The National Journal
March 25, 2006
By Bara Vaida, Eliza Newlin Carney, and Lisa Caruso
Special Report - Potholes on K Street
"The exceptionally partisan, poisonous atmosphere in Washington keeps anything from working," says W. Bowman (Bo) Cutter, a deputy assistant for economic policy under President Clinton and now co-chairman of the Committee for Economic Development, a nonpartisan business group. "It relegates all action to the realm of the extremely tactical and the extremely political."
Roll Call
March 20, 2006
By Kate Ackley, Roll Call Staff
Business Group Backs Lobbying Reforms
“One of the few business-backed groups to push for campaign finance reform has thrown its weight behind lobbying overhauls and tighter government ethics.
To flesh out its ideas, the nonprofit Committee for Economic Development convened a panel last week that included a sampling of the field’s usual suspects, including American University Professor James Thurber and the Campaign Legal Center’s Trevor Potter."
To flesh out its ideas, the nonprofit Committee for Economic Development convened a panel last week that included a sampling of the field’s usual suspects, including American University Professor James Thurber and the Campaign Legal Center’s Trevor Potter."
The National Journal
February 6, 2006
By Eliza Newlin Carney
Reform Should Swing Both Ways
"We want to identify those things that are distorting a rational legislative system," said Roderick M. Hills, a newly installed co-chair of CED who headed the Securities and Exchange Commission under President Ford.
A Republican, Hills is spearheading the effort with fellow co-chair W. Bowman "Bo" Cutter, a Democrat who was deputy assistant to President Clinton for Economic Policy. CED executives stressed that the effort must be bipartisan -- something that lawmakers on Capitol Hill haven't figured out yet.”
A Republican, Hills is spearheading the effort with fellow co-chair W. Bowman "Bo" Cutter, a Democrat who was deputy assistant to President Clinton for Economic Policy. CED executives stressed that the effort must be bipartisan -- something that lawmakers on Capitol Hill haven't figured out yet.”
Roll Call
February 1, 2006
By Norman Ornstein
Congress Inside Out
“We need to replace the distorted money collected through the lobbyist-lawmaker nexus. We need incentives for candidates to raise more money from individual voters in small amounts. That would start with a tax credit for small contributions - a 100 percent credit for contributions of $200 or less. And it includes a reform endorsed by the business community through the Committee for Economic Development a 3-to-1 match of public funds for contributions of $200 or less.”
The New York Times
December 5, 2005
By Eduardo Porter
When Even Supply-Siders Say Taxes Must Rise, an Unpopular Policy Looks Inevitable
"Some in big business also seem ready to bite the bullet. The Committee for Economic Development, a research group that often represents the views of Wall Street and major corporate figures in public policy debates, issued reports this year arguing for tax increases plus spending restraints to avert what it called a fiscal crisis in the offing.
"We have never seen a big developed economy in the circumstances we seem to be headed toward," said W. Bowman Cutter, a former economic adviser to President Bill Clinton who is co-chairman of the Committee for Economic Development.
Yet the idea that is gaining most traction among economists is moving to a European-style value-added tax. While it would tend to fall more heavily on low and middle-income Americans who spend much of what they earn, a V.A.T. - which imposes an incremental tax at each stage of production and distribution - would not distort incentives as much as an increase in income taxes, economists say. Because it is levied on consumption, it might encourage more saving.
William G. Gale of Brookings and C. Eugene Steuerle of the Urban Institute estimated that a 5 percent V.A.T. could generate revenue equivalent to 2 percent of the gross domestic product. In its fiscal proposal, the Committee for Economic Development relied mainly on a 10 percent V.A.T. to increase tax revenue to 21.6 percent of the gross domestic product by 2025 and 22.1 percent by 2035. Accompanied by spending restraint, mainly a reduction in the growth rate of Medicare and Medicaid spending that should manage to eliminate the deficit."
"We have never seen a big developed economy in the circumstances we seem to be headed toward," said W. Bowman Cutter, a former economic adviser to President Bill Clinton who is co-chairman of the Committee for Economic Development.
Yet the idea that is gaining most traction among economists is moving to a European-style value-added tax. While it would tend to fall more heavily on low and middle-income Americans who spend much of what they earn, a V.A.T. - which imposes an incremental tax at each stage of production and distribution - would not distort incentives as much as an increase in income taxes, economists say. Because it is levied on consumption, it might encourage more saving.
William G. Gale of Brookings and C. Eugene Steuerle of the Urban Institute estimated that a 5 percent V.A.T. could generate revenue equivalent to 2 percent of the gross domestic product. In its fiscal proposal, the Committee for Economic Development relied mainly on a 10 percent V.A.T. to increase tax revenue to 21.6 percent of the gross domestic product by 2025 and 22.1 percent by 2035. Accompanied by spending restraint, mainly a reduction in the growth rate of Medicare and Medicaid spending that should manage to eliminate the deficit."
The Christian Science Monitor
November 8, 2005
By Amanda Paulson
Next Hot Language to Study: Chinese
"Indeed, business leaders are also starting to encourage more global curricula, particularly Chinese. "The more our young people know about cultural context in which they're operating, the better their competence as business leaders," says Charlie Kolb, president of the Committee for Economic Development, a nonpartisan think tank that is working on a report about the need for global studies and more diverse languages, including Chinese."
The State (South Carolina)
October 30, 2005
By Janet G.H. Marsh
The tipping point on early education
"What is the evidence regarding public benefits of quality child care and early education programs? The Committee for Economic Development, an independent national organization of business and education leaders dedicated to improved public policy, reviewed the costs and benefits of high-quality programs for young children, comparing them to other societal investments. It concluded: "We can be certain that early childhood education offers much more promise of positive net social benefits than many of the territorially competitive incentive packages in which state and local governments invest billions each year, despite their frequent negative returns." James Heckman reached a similar conclusion after years of evaluating the benefits of programs to retrain displaced workers. According to Heckman, 2000 Nobel laureate in economic sciences, "During a period of tight budgets, the question is how to use available funds wisely. The best evidence supports the policy prescription: Invest in the very young and improve their basic learning and socialization skills."
The Atlanta Journal-Constitution
October 27, 2005
OUR OPINION: Raise tax revenue to cut deficits
"The (President's) tax panel had the right idea, though. There's enough money in the extensive list of current tax breaks and