In order to incentivize business investment, Congress should provide fiscal policy leadership, enact immigration and tax reform, and resume infrastructure spending, Motorola Solutions Chairman and CEO Greg Brown said Tuesday.
In the current environment, businesses have few incentives to invest, he said
“Companies don’t like to invest in uncertain times. Be that as it may, we have more uncertainty than certainty. We need a Congress to act,” he told CNBC’s “Squawk Box.”
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Brown said tax reform is at the top of his wish list, but said he wouldn’t leave out infrastructure investment, either.
The chair of the Business Roundtable’s Immigration Committee, Brown said he also supports comprehensive immigration reform, including legalizing or providing some other form of status to the roughly 11 million undocumented workers living in the United States.
Such reform would add 4.8 percent to U.S. GDP over the next 20 years, he said, citing an estimate from the Bipartisan Policy Center.
Courtesy : cnbc.com