Improving Business Climate Tops Council’s 2012 Priorities
Revving up the Bay Area and state economies will lead the Bay Area Council’s top priorities for 2012, with specific focus on reforming the California Environmental Quality Act (CEQA), creating a healthcare system that places a premium on controlling costs, and winning substantive reforms to our unsustainable public pension system. Those priorities are among five in which the Council will invest considerable time, energy and resources during the coming year. The Council will also focus on modernizing Caltrain, the outdated commuter rail service in the heart of the region’s biggest economic and jobs engine. In addition, the Council will expand its successful initiative to grow trade with China.
The priorities were finalized last week by the Council’s Executive Committee under the leadership of new Council Chair Janet Lamkin, who oversaw a comprehensive review of the Council’s priorities over the past several months. In establishing the priorities, the Executive Committee relied on staff research and analysis of various issues, member surveys, and a series of individual and group meetings.
Reforming CEQA. Despite some sector-specific dynamism, new research by the Council’s Economic Institute shows that the Bay Area economy essentially has been stuck in neutral for the past two decades. Business leaders overwhelmingly point to burdensome regulations, including CEQA, workers’ compensation laws, and other red tape, as a main source of the problem. The Council will produce empirical research to support what we know anecdotally. We will build and lead a coalition of business groups and others in a major five-year effort to reduce the business regulations that have been stifling the Bay Area and California. A key focus will be on stopping the continuing expansion of the California Environmental Quality Act and returning CEQA to its original scope and intent. To join us in reforming CEQA, please contact Policy Vice President Matt Regan at (415) 946-8710 or mregan@bayareacouncil.org.
Controlling Healthcare Costs. The healthcare cost-escalation crisis continues, harming businesses and consumers alike and jeopardizing our global competitiveness. The Affordable Care Act created a framework that can be used to ratchet down rising health care spending, via state-based implementation. The Bay Area Council will continue to lead the business community and other allies behind a strategic vision of an affordable, high-quality health care system for California. We will implement that vision through legislation to be enacted in 2012 and 2013 that will prioritize market-based solutions and technological innovations for reducing healthcare costs and improving patient health outcomes. To join us in controlling healthcare costs, please contact Senior Policy Advisor Micah Weinberg at mweinberg@bayareacouncil.org.
Reforming the Pension System. California’s unfunded pension and liabilities are estimated at $265 – $737 billion. Add to that unfunded healthcare and pension liabilities at the county, city and special district level, and the numbers soar past the imagination. In the short term and, especially in the long term, these liabilities mean much less money for services, education and infrastructure. The Council will work with Governor Jerry Brown and proponents of a potential 2012 ballot measure to ensure that California reforms and manages public pensions in a fiscally stable manner. To join us in reforming pensions, please contact Policy Vice President Matt Regan at (415) 946-8710 or mregan@bayareacouncil.org.
Modernizing Caltrain. Surveys of business leaders and residents alike consistently cite traffic as the Bay Area’s top problem. Congestion on Highway 101 between San Jose and San Francisco – our country’s most economically productive corridor – has particularly escalated. Modernizing Caltrain would substantially increase its ridership and take thousands of cars a day off of Highway 101. Unfortunately, the modernization project has partial but incomplete funding. The Council will lead an effort to build public and political support to secure final funding and clear other hurdles, allowing the project to be completed, thereby reducing some of our region’s worst traffic. To join us in modernizing Caltrain, please contact Policy Vice President Michael Cunningham at (415) 946-8706 or mcunningham@bayareacouncil.org.
Expanding China Trade. Global trade is among the biggest drivers of Bay Area economic activity. Through our existing relationship with the Shanghai Yangpu District and a new large-scale “Technology Park” opportunity in Shanghai, we will continue to expand the presence and clout of Bay Area businesses in China with a physical landing pad, and attract more Chinese companies and investments to our region. To join us in increasing trade with China, please contact Director of Global Initiatives Bing Wei at (415) 946-8270 or bwei@bayareacouncil.org.
In addition to these strategic priorities, the Council will continue to collaborate with other partners in supporting a range of key issues, including cybersecurity legislation, high speed rail, science and technology education, water and energy efficiency, and protecting the Hetch Hetchy water system, among others.
