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The National Association of Manufacturers (NAM) released a critical response to the President’s recent budget proposal. The statement, from Aric Newhouse, Senior Vice President of Policy and Government Relations, opened:
“The President’s budget delivers damaging tax increases for manufacturers in every industry sector, from small manufacturers to global companies. In addition, this budget, like previous incarnations, takes aim at energy producers with provisions that would only increase energy costs in the United States and significantly undermine our potential for growth.”
The statement then concedes some provisions that would benefit manufacturers, including a permanent research and development credit and the opening of manufacturing hubs across the country. Newhouse also praised the President’s commitment to transportation and infrastructure funding, and his emphasis on workforce development. “Unfortunately,” he says, “these pro-growth proposals find themselves in the shadow of job-killing tax increases.”
The Alliance for American Manufacturing (AAM) has also released a cursory review of the budget, with significantly more praise. They noted the focus on advanced manufacturing, which is good for business, but maybe not so with voter perception. To implement this advanced manufacturing agenda, Obama has zeroed in on several key areas: workforce development, infrastructure investment, and tax reform.
AAM praised the President’s workforce development programs, including a government-wide reorganization of STEM education programs and a “Community College Job-Driven Training Fund” through the Department of Labor. They also support the $302 billion investment in infrastructure, as funded through tax reform.
The proposed budget also includes a $27.9 billion budget for the Energy Department, an increase of 2.6 percent over the fiscal year 2014 enacted level. Notable plans include increased investment in clean-energy technologies as part of Obama’s all-of-the-above energy strategy and investments in energy grid research and development.
Republicans are right — this budget is definitely an election-year tool, but is anyone surprised? Not at all.
It is surprising, however, to see two major manufacturing organizations on opposite sides of the fence. They agree with the program proposals — workforce development, manufacturing hubs, infrastructure investments — but not the means to these ends.
As the budgeting process moves forward, the proposed tax increases that are so offensive to the NAM will certainly be dramatically reduced. And as these increases get slashed, so does the available funding for the manufacturing programs they so highly praised.
Read: https://americanmanufacturing.org/blog/first-look-presidents-budget-proposal-2015
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
