Business Roundtable Supports President Obama`s Request to Congress to Restore Executive Branch Reorganization Authority
Business Roundtable Supports President Obama’s Request to Congress to Restore Executive Branch Reorganization Authority
BRT’s Engler: Executive Authority to Reorganize Government Could Strengthen Accountability, Boost Efficiency and Save Costs
Business Roundtable (BRT) President John Engler today expressed strong support for restoring the Executive Branch’s authority to reorganize the federal government.
“While any specific restructuring plan must undergo Congressional review, reorganization holds real potential to strengthen accountability, improve government efficiency and produce significant budget savings,” Engler said.
“In companies across America, CEOs react to rapidly changing conditions in the global marketplace. They have to be able to eliminate inefficiencies and deploy resources where they will be most effective,” Engler said. “In the federal government, the President should have the same ability that CEOs and many governors have.”
“Until the 1980s, all presidents had the authority to reorganize the government, eliminate waste and achieve efficiencies. Congress should act now to restore this management tool and hold the Executive Branch accountable,” Engler said.
“As a former governor of Michigan, I know firsthand it is possible to both improve performance and reduce costs if government functions are properly consolidated, organized and managed,” Engler said.
“All presidents, regardless of party, need the authority to fully deploy 21st century technologies and manage government resources at a time of scarcity and record deficits.”
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.
BRT companies give nearly $9 billion a year in combined charitable contributions.
Kirk Monroe, 202-496-3269
Joe Crea, 202-496-3288
- Insight: How U.S. spying cost Boeing multibillion-dollar jet contract
- Exclusive: Secret contract tied NSA and security industry pioneer |
- With Fed out of the way, what's next on Wall Street?
- Yemeni al Qaeda says attack on hospital was mistake
- Insight: For Chinese farmers, a rare welcome in Russia's Far East