U.S. businesses seek a more competitive economy

Next week, a coalition of business leaders will press a longer-term to-do list on Washington's politicians. Its 200 items include cutting corporate taxes, streamlining regulations, upgrading the nation's crumbling infrastructure and creating a more highly skilled workforce. The nation's $16 trillion debt itself is a deterrent to U.S. competitiveness because it crimps government investment in education and infrastructure and creates uncertainty among businesses about taxes and interest rates.

The Council on Competitiveness, a group of CEOs, university presidents and labor leaders, notes that many of the issues aren't partisan in nature and should draw support from both parties in a divided Congress.

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