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.

MEDIA ADVISORY 

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” →

Dear Vermonters,

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” →

At its 33^rd Annual Membership Meeting held January 9^th 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]” →