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IEEE-USA President Commends House for Passing Innovation Legislation
WASHINGTON (21 December 2010) — IEEE-USA President Evelyn Hirt commends the House of Representatives for passing the America COMPETES Reauthorization Act of 2010 on Tuesday.
The legislation, which the Senate passed on 17 December, authorizes federal investment in science, engineering, innovation, technology and competitiveness, and is designed to help the United States maintain its world leadership in high-technology and create jobs. It will now go to President Barack Obama for his signature.
COMPETES strives to, among other things, prepare students for high-skilled, high-paying jobs by improving science, technology, engineering and math (STEM) education; keeps basic research program budgets on a path to doubling at the Department of Energy Office of Science, the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST); reauthorizes the Advanced Research Projects Agency for Energy (ARPA-E), which supports high-risk, high-reward transformational energy technology development; and provides loan guarantees “for a project that re-equips, expands, or establishes a manufacturing facility in the United States.”
“This legislation is important for the United States as it competes to retain global leadership in technology innovation, research and math and science,” Hirt said. “It will enhance needed economic growth and U.S. STEM education, while helping manufacturers become more competitive by supporting innovative manufacturing technologies.”
Rep. Bart Gordon (D-Tenn.), outgoing chairman of the House Science & Technology Committee, said on the House floor Tuesday that more than half of U.S. economic growth since the end of World War II in 1945 can be attributed to the development and deployment of new technologies.
“These investments are the path toward sustainable economic recovery and growth and the path toward prosperity for the next 50 years,” Gordon said. “There is (more…)