The Committee for Economic Development: Driving Policy Change and Fostering Economic Growth
The Committee for Economic Development (CED) is a nonpartisan, nonprofit research and policy organization dedicated to promoting prosperity and opportunity for all Americans. Established in 1942, CED has a long history of influencing public policy and shaping the economic landscape of the United States.
Mission and Vision
CED's mission is to "support policies that promote economic growth and opportunity for all Americans." Their vision is to create "a more prosperous, inclusive, and globally competitive America." They accomplish this by:
- Conducting independent, nonpartisan research on critical economic issues.
- Developing practical policy recommendations based on their research findings.
- Engaging with policymakers, business leaders, and the public to advance their recommendations.
Key Areas of Focus
CED focuses on a range of important economic issues, including:
- Economic Growth & Competitiveness: Promoting policies that foster innovation, productivity, and competitiveness in the global marketplace.
- Education & Workforce Development: Ensuring that all Americans have access to quality education and training opportunities that equip them for success in the 21st-century economy.
- Infrastructure & Transportation: Investing in critical infrastructure to enhance productivity, connectivity, and economic growth.
- Health Care & Social Security: Developing sustainable solutions to the challenges facing the US health care and retirement systems.
- Tax & Fiscal Policy: Promoting fiscally sound policies that support economic growth and opportunity.
Impact and Influence
CED's work has had a significant impact on policy debates and economic outcomes in the United States. Some notable examples include:
- The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA): CED's research on tax policy played a key role in shaping the debate leading to the passage of this legislation, which aimed to stimulate economic growth.
- The No Child Left Behind Act of 2001: CED's recommendations on education reform influenced the passage of this legislation, which focused on improving educational standards and accountability.
- The American Recovery and Reinvestment Act of 2009: CED's research on infrastructure investment contributed to the development of this stimulus package, which aimed to mitigate the effects of the Great Recession.
Membership and Governance
CED is governed by a board of directors that includes prominent business leaders, policymakers, and academics. They also have a network of advisors who provide expertise and guidance on specific policy issues.
CED's membership is comprised of individuals, corporations, and foundations who support their mission of promoting economic growth and opportunity.
Staying Informed
To learn more about CED's work and stay updated on their latest research and recommendations, visit their website:
The Committee for Economic Development plays a vital role in shaping the economic future of the United States. Through their rigorous research, thoughtful policy recommendations, and active engagement with policymakers, they continue to make a positive impact on the lives of all Americans.
