March 01, 2006

House Republicans push 'innovation' agenda

Move to improve U.S. competitiveness with countries such as India and China

Republican leaders in the U.S House of Representatives announced a plan Wednesday to push legislation designed to make the U.S. more competitive in world markets, including a bill that includes a research and development (R&D) tax credit and incentives for health care IT.

Republican leaders, including Speaker of the House Dennis Hastert, promised to push an "innovation" agenda, including the Innovation and Competitiveness Act, introduced Wednesday by Republican Representatives Bob Goodlatte of Virginia and Lamar Smith of Texas.

The bill focuses on providing educational incentives for math and science students and reducing "abusive" lawsuits against U.S. businesses, in addition to an R&D tax credit and incentives for health-care facilities to improve their use of IT. Neither Goodlatte's, Smith's or Hastert's offices had immediate information on the details of the bill.

During a press conference, Hastert praised the House Republican High Tech Working Group, led by Goodlatte and Smith. "The most important thing about a working group is, of course, work," said Hastert, of Illinois. "This group has not just talked the talk, it has walked the walk when it comes to getting the job done for the high tech community and the American people."

A string of Republican House members talked about the need for legislation to improve U.S. competitiveness in the face of competition from countries such as India and China. Some lawmakers talked about a need for math and science scholarships; others talked about funding increases for the National Science Foundation and other government research agencies.

Although the U.S. economy is still the best in the world, other countries are "breathing down our neck," said Representative Sherwood Boehlert, a New York Republican and chairman of the House Science Committee. "We have to act now, or we're going to pay later," he said.

Smith, sponsor of bills intended to reduce the number of lawsuits against small businesses, said Congress needs to complete work on a bill that would allow judges to access the court costs to a plaintiff in a "frivolous" lawsuit. Smith's past legislation would also limit the jurisdictions where a lawsuit could be filed.

"These lawsuits are nothing but legalized extortion," Smith said.

Tech groups praised House Republicans for focusing on technology and innovation. Hewlett-Packard Co. praised them for promising to focus on expanding a R&D tax credit, and the Information Technology Industry Council applauded Republicans for identifying innovation as a top priority.

But House Democratic Leader Nancy Pelosi said the Republican plan lacks several key elements of a Democratic innovation plan released last year. The Republican plan doesn't deal with the "digital divide" in broadband, and it doesn't focus on U.S. energy independence, she said in a statement.

Close

On Twitter now

Business

Powered by Twitter

On Twitter now

additional resources
White Paper - How to Improve Delivery of Advanced Web Applications

White Paper

Virtual Workforce: The Key to Expanding The Business While Cutting Costs

Get the independent advice and expertise you need to support a virtual workforce.

Go inside:
The three-step approach to making a virtual workforce a reality.
The four flavors of client virtualization technologies.
The three key initiatives that solve IT challenges.
Download now »
White Paper: Successfully Secure Your Wireless LAN With Wi-Fi firewalls.

White Paper

Addressing Linux Threats Leveraging Fewer Resources

The increase in Linux popularity has increased the frequency and sophistication of malware attacks. Read this 2 page white paper now to learn how you can protect your Linux environment with real-time protection that is certified by all major Linux vendors.

Download now »
White Paper - The 2009 Handbook of Application Delivery

White Paper

The 2009 Handbook of Application Delivery

Ensuring acceptable application delivery will become even more difficult over the next few years. As a result, IT organizations need to ensure that the approach that they take to resolving the current application delivery challenges can scale to support the emerging challenges. This handbook elaborates on the key tasks associated with planning, optimization, management and control and provides decision criteria to help IT organizations choose appropriate solutions.

Download now »
White Paper - Is Your Backup System Outdated?

White Paper

Mid-range Storage Considerations

A common misconception is that mid-range storage requirements are dramatically different than that of a larger enterprise. Mid-range storage users may require less capacity, but they have similar functionality and management requirements. This ESG paper examines mid-range storage needs and reviews a new solution that adjusts size while retaining value, performance and functionality.

Download now »

Sign up to receive Business Resource Alerts

Subscribe to the Today's Headlines: First Look Newsletter

Find out what will be news for the day, with our first-thing-in-the-morning briefing.

©1994-2010 Infoworld, Inc.