Council Issues Stimulus Action Plan to Get the Economy Back on Track

The Council on Competitiveness’ brand new stimulus action plan, Rebound: Three Essentials to Get the Economy Back on Track was crafted by leaders that only the Council brings to the table together—CEOs, labor leaders and university presidents. Because of this, Rebound is getting strong traction on the policy side. A significant number of provisions in the stimulus package released two weeks ago by the Democratic leadership in Congress are consistent with many recommendations put forth by the Council on Competitiveness in Rebound.

Among these are: bonus depreciation, accelerated expensing for small businesses, $6.2 billion for low-income families to weatherize their homes and $300 million for rebates for energy star purchases.

Today, The Hill's Congress Blog featured an opinion piece by Council and DuPont chairman, Chad Holliday, and Council President Deborah L. Wince Smith. The piece calls for Congress and the administration to act on three specific recommendations that will allow the country to rebound in the short term and ensure long-term economic growth. Please join the conversation and blog about what you think needs to be done to get to get the economy back on track.