SOUTH BURLINGTON, VT – Yesterday, incited by the 45th President of the United States, rioters attacked our democracy in the most hallowed of halls. Today the Vermont Business Roundtable stands in solidarity with Governor Scott and our Congressional delegation to unequivocally, and in the strongest terms possible, condemn the domestic terrorist attacks on the U.S. Capitol.
Peaceful protest is protected by the Constitution and is one of our most cherished values. The events of January 6th were neither peaceful, nor protests. They were seditious acts that attempted to overthrow a legal election that has been validated by election officials and courts across the country.
The Roundtable joins with Governor Scott in calling for the 45th President to resign or be removed from office by his Cabinet or by Congress.
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The Vermont Business Roundtable is a nonprofit, nonpartisan organization of CEOs from Vermont’s top private and nonprofit employers, representing geographic diversity and all major sectors of the Vermont economy. The Roundtable is committed to sustaining a sound economy and preserving Vermont’s unique quality of life by studying and making recommendations on statewide public policy issues.
Multi-State Business Coalitions Pen COVID-19 Recovery Letter to Congressional Leadership
JUNE 15, 2020
Today, the nation’s largest private sector business leadership organizations from 14 states released a public letter to the U.S. Senate and House of Representatives calling for the COVID-19 fourth federal stimulus package to include substantial aid for state and local governments, as well as liability protection for employers. . Full letter below or download Here. Continue reading “Vermont Business Roundtable Co-Signs on Letter Appealing for Liability Protection and Local Funding”
Vermonters and Americans enjoy more freedoms, protections, and economic opportunities than almost anyone else in the world, yet these benefits are sadly not equally available to all of us because of pervasive racism in our country. There has never been and never will be any moral justification for racial injustice, yet it exists; a fundamental contradiction to our nation’s foundational value of equality for all. Continue reading “Roundtable Releases Statement of Support to Address Racism [6.5.20]”
As members of the Vermont Business Roundtable, we recognize the opportunity and obligation we have, to do our share to alleviate the severity of disruption to our economic and social fabric.
We believe that limiting the impact of the COVID-19 health crisis is the most important step we should take at this time. Continue reading “A Letter to Vermonters in Response to COVID-19 Outbreak [3.23.20]”
by David Coates, Managing Parter, KPMG (Retired)
Vermont’s $4.6 billion liability for the state workers and teachers pensions and retiree health care benefits (OPEB) increased by $171 million for this past year ended June 30, 2019, and over 110 percent since 2008. This increase was despite continued assurances by policymakers that they had a plan to pay off these obligations over the next 20 years.
Certainly, there is no evidence to date to corroborate the state’s claim, without some combination of increasing taxes, reducing benefits or cutting existing programs, which the state has been reluctant to do. At this point in time, policymakers need an independent analysis of these benefit plans. Continue reading “David Coates Op-Ed: State Retirement Plans Need a Robust Stress Test……Now! [3.10.20]”
By Mark Crow, President at Tenth Crow Creative and
Chair, Pension and Health Benefits Reform Task Force, Vermont Business Roundtable
While Town Meeting Day has evolved over time, its purpose of giving community members a chance to be heard about the issues affecting their lives has not changed. Of course, in order for community members to express their views, they must be aware of the issues impacting them. Unfortunately, there is a major issue lurking that impacts all Vermonters, yet is not well known or understood, not only by Vermont taxpayers, but also by some of our legislative representatives.
I’m referring to the continually increasing taxpayer liability for the State workers’ and teachers’ pension and retiree healthcare plans. This Town Meeting Day, I urge you to ask your state legislators what they are doing to address Vermont’s third largest debt (only behind Medicare and non-Medicare social services), and if they know that: Continue reading “Mark Crow Op-Ed: A Major Issue is Lurking”
(South Burlington, Vt.) Today, the Vermont Business Roundtable announced that Lisa Ventriss, president since 2002, will retire at the end of the year. Continue reading “Roundtable President to Retire at End of Year [2.11.20]”
At its 33rd Annual Membership Meeting held January 9th at Delta Hotels Marriott, the Vermont Business Roundtable elected new directors to their first three-year term: Renee Bourget Place, KPMG; Jay Fayette, PC Construction; Scott Fewell, Liquid Measurement Systems; and, Tom McHenry, Vermont Law School. Elected to his second three-year term was Tom Dunn, VELCO. Continue reading “New Leadership Elected for 2020 [1.17.20]”
Policy Options for Vermont Pension and Health Care Retirement Systems
(South Burlington, Vt.) Today, Lisa Ventriss, President of Vermont Business Roundtable (Roundtable) and Mark Crow, President of Tenth Crow Creative and Chair of the Pension Reform and Health Benefits Task Force, announced the release of its latest policy paper entitled, “Policy Options for Vermont State Employee and Teacher Pension and Health Care Retirement Systems.” Click here for report. Continue reading “Vermont Business Roundtable Releases New Policy Paper [1.15.20]”
(South Burlington, Vt.) Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q3 of 2019 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.
The latest survey, which was conducted during July of 2019, achieved a response rate of 63 percent overall. Survey results show that: Continue reading “VBR & EPR Release Qtr 3 2019 Business Conditions Survey [9.9.19]”