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In this uncharted time for people around the world, businesses are facing new challenges to their resiliency and questioning how best to prepare for the future. The current crisis shows all too clearly the interdependence of the health of our communities, our economy and our country. That is why, amid these troubling times, exceptional business leaders also recognize the need to address the systemic challenges facing our democracy: More than 100 business leaders nationwide are stepping up and adding their voices to the citizen-led call for a constitutional amendment to authorize limits on political spending. 

By signing and supporting the American Promise Statement of Principle for Business Professionals, these business professionals—who represent a range of political interests and organizations of every size and scope—have come together to innovate for a stronger economy and say unequivocally that the pay-to-play political system does not benefit business. 

We know business leaders face many serious challenges right now, but we also know business leaders are among our nation’s most future-thinking, innovative citizens who know what it means to exercise real leadership. Today i
t is all too clear that we need a well-functioning government that is responsible to the people it serves. With the announcement of our initial list of signers, we hope that businesspeople concerned about the long-term direction of our country and our economy will learn more and support this amendment as a constructive, truly American solution.

Join us as we the people work for an amendment that gets to the root of a dysfunctional system and creates an opportunity for a stronger economic future for everyone. 

Easy Action Item

Elizabeth Doty
National Program Leader,
Business for American Promise
Too Much Money Corrupting Politics? Business Leaders Come Together To Fight Citizens United Case 

Pay-to-play benefits only a handful of ultra-wealthy, multinational corporations while small and midsize businesses are forced to shoulder the economic burden. That is why American Promise joined forces with business leaders—including Peter Schwartz of Salesforce—to create Business for American Promise. Recently, the International Business Times wrote about the rising business response to pay-to-play politics in the wake of Citizens United and highlighted how Business for American Promise plans to take a leading role in the movement. 
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Business for American Promise co-founder Jack Doty and American Promise Business Network Facilitator Susan Muller at the 2019 National Citizen Leadership Conference.
Join the 100+ Business Leaders United in Nonpartisan Advocacy for the American Promise Amendment 

See the more than 100 business leaders who have signed on to the American Promise Statement of Principle for Business Professionals, including Philadelphia Phillies part-owner William Buck, Peter Schwartz of Salesforce, Ben Cohen of Ben & Jerry’s, and former Wells Fargo Vice President Judy Nagel.
See the Statement of Principle for Business Professionals
Business for American Promise is supporting a growing network of chapters across the country. Sign the American Promise Statement of Principle for Business Professionals and join these business leaders representing local and national interests as they work together to end runaway political spending, restore honest competition, and strengthen representative democracy.
Sign the Statement of Principle for Business Professionals
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Business for American Promise co-founder Elizabeth Doty and Rick Alexander of the Shareholder Commons at the 2019 National Citizen Leadership Conference.
The Shareholder Commons Tackles Capital System Failures That Endanger Our Future 

Rick Alexander, who has signed the American Promise Statement of Principle for Business Professionals, recently launched the Shareholder Commons, a nonprofit working to address systemic issues and structures that hinder a sustainable economy. By redirecting capital through investments, the Shareholder Commons supports business practices that create an even playing field and respect people and the planet.
Learn More About the Shareholder Commons
| What We’re Tracking This Week

From the (Doylestown, PA) Intelligencer: In this opinion article, recent Dickinson College graduate Patrick Baber calls for elected officials to shift from donor-driven motivations and instead act on their constituents’ calls for stricter regulations to combat the nation’s opioid crisis. “The pharmaceutical industry has one of the largest lobbying organizations in the United States and has donated to the campaigns of 369 out of 435 members of Congress securing widespread influence when it comes to legislation regarding opioid restrictions,” he says. Read more

From the American Sustainable Business Council: In this opinion piece, business leader and Business for American Promise Statement of Principle signer MaryAnne Howland encourages companies to join the call for fair elections so politicians will again represent the wishes of most citizens. She writes: “Why aren’t politicians doing the people’s will? Because they don’t have to. Instead, they have to obey a very small number of very big donors.” Read more.

From Forbes: In an opinion article, Adam Millsap of the Charles Koch Institute outlines why cronyism is harming the U.S. economy. By giving preferential treatment to specific businesses or industries, he says, politicians act for special interests rather than citizens. “Businesses want government favors that give them an advantage, and the incentives are such that public officials are all too willing to deliver.” Read more.

From the Harvard Business Review: "The Business Case for Saving Democracy"—the first article in the five-part series “Democracy Under Attack”—examines why business leaders must advocate for democracy reforms to ensure a strong and free marketplace and planet. “We’ve been left with a system that favors the rich and the well-connected at the expense of the general population,” says Rebecca Henderson, the John and Natty McArthur University Professor at Harvard University. Read more.

From the Center for Responsive Politics: Grassroots political groups say PAC regulations provide an advantage to business-affiliated PACs because corporations can cover their expenses—although they cannot contribute directly to traditional PACs, candidates, or parties. These business-affiliated PACs have already contributed $179 million to federal candidates and party committees this election cycle—nearly 75% of total PAC giving. Read more.

From AZ Central: A state ballot initiative to get dark money out of politics may be stalled as the COVID-19 pandemic grows. Outlaw Dirty Money, the group behind the effort, has until July 2 to collect 356,467 signatures of registered Arizona voters to make the November ballot. But that appears unlikely as people have been asked to stay home and away from large crowds. Read more.

| Upcoming American Promise Events

Given current recommendations for avoiding large gatherings, most upcoming American Promise events are being rescheduled or reimagined as digital/online events. Watch the American Promise calendar for updated information.

American Promise empowers Americans to act together to win an amendment to the U.S. Constitution so people, not money, govern in America.
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