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Bipartisan Commission Of Business, Civic, And Academic Leaders Develop A Framework For Inclusive Capitalism

Bipartisan Commission Of Business, Civic, And Academic Leaders Develop A Framework For Inclusive Capitalism
New Proposal Outlines 21 Policies for More Equitable and Inclusive Outcomes for the American Worker
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WASHINGTON, Feb. 2, 2021 /PRNewswire/ The Coalition for Inclusive Capitalism, a not-for-profit organization dedicated to making capitalism work for everyone, today launched the
Framework for Inclusive Capitalism: A New Compact Among Business, Government, and American Workers. The framework demonstrates the potential for business to work with labor to craft bold but pragmatic policies that equitably extend the benefits of our economic prosperity to all workers. It rests on three core objectives: create more worker opportunity, expand the workforce, and enable fair gainsharing for workers. To achieve these objectives, the framework outlines 21 policy and business practice recommendations to e ....

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States try to rescue small businesses

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With the economic recovery faltering and federal aid stalled in Washington, state governments are stepping in to try to help small businesses survive the pandemic winter.
The Colorado legislature held a special session last week to pass an economic aid package. Ohio is offering a new round of grants to restaurants, bars and other businesses affected by the pandemic. And in California, a new fund will use state money to backstop what could ultimately be hundreds of millions of dollars in private loans. Other states, led by both Republicans and Democrats, have announced or are considering similar measures.
But there is a limit to what states can do. The pandemic has ravaged budgets, driving up costs and eroding tax revenues. And unlike the federal government, most states cannot run budget deficits. ....

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States Try to Rescue Small Businesses as U.S. Aid Is Snarled

State governments are offering loans, grants and tax rebates, but budget constraints limit their impact. ....

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