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CED's Comprehensive Solutions Brief for 2025

The Committee for Economic Development (CED), an influential public policy organization, has released its Solutions Brief titled "America in Perspective: Policy Priorities for 2025." This report addresses significant policy challenges facing the nation and presents actionable recommendations aimed at enhancing the United States' global leadership while promoting equitable economic growth.

Key Challenges and Recommendations

Drawing insights from a letter directed at the newly elected President and Congress, the Solutions Brief categorizes crucial aspects into four main areas: fiscal health, domestic policy challenges, geopolitical considerations, and the need for strong business leadership in public policymaking.

1. Fiscal Health and Healthcare Programs

A major concern highlighted in the report is the escalating national debt, which currently exceeds $36 trillion, surpassing the defense budget. The CED emphasizes the urgent need for reforming Social Security and Medicare Trust Funds to avert depletion.

To tackle healthcare challenges, CED proposes innovative strategies, including:

• - Promoting value-based care models and alternative payment strategies.
• - Increasing investment in the healthcare workforce.
• - Expanding access to telehealth services to improve public health outcomes.

2. Domestic Policy Challenges

The report underscores the importance of the Infrastructure Investment and Jobs Act (IIJA) and the CHIPS and Science Act, which are intended to strengthen the U.S. industrial base and accelerate economic growth. Effective collaboration between public and private sectors is paramount for these initiatives to succeed. Key priorities set forth include:

• - Modernizing energy transmission and broadband infrastructure.
• - Addressing long-term labor shortages through enhanced training programs and immigration reform.
• - Developing a comprehensive national policy framework for responsible AI use to ensure safety and innovation in a rapidly evolving landscape.

3. Geopolitical Context

The brief acknowledges that escalating geopolitical tensions necessitate not only robust national defenses but also proactive international engagement. The U.S. must continue its support for Ukraine amid Russian aggression while simultaneously fostering global stability. Other geopolitical recommendations include:

• - Strengthening partnerships in the Indo-Pacific region to compete with China effectively.
• - Reaffirming the importance of U.S. trade policies which support open markets and safeguard against tariffs that could impact economic stability.

4. Business Leadership in Public Policy

The CED advocates for a proactive role of businesses in shaping public policy, emphasizing the necessity for transparent regulations that encourage innovation. The organization urges:

• - Policymakers to take lessons from recent elections to restore trust in democracy and business practices.
• - Sustaining a strong dialogue between policymakers and business leaders to navigate current challenges and foster economic confidence.

Conclusion

As the new administration prepares to tackle the complex landscape of 2025, the recommendations provided by the CED offer clear pathways for addressing pressing economic and policy issues. The commitment to fostering a collaborative approach among businesses, government, and civil society will be essential in reinforcing the United States' leadership role on the global stage and ensuring sustainable economic opportunities for future generations.

The CED concludes that overcoming today’s challenges will take resolute collaboration between the business and policy sectors, emphasizing that an effective partnership is crucial for addressing national and global issues alike.