The House’s focus on the American people’s priorities continues this week with three more bills that will help promote innovation and U.S. competitiveness, and the new jobs and stronger economic growth that come with it. Boehner discussed these measures earlier today:
“And while our economy’s shown signs of improvement, middle-class families aren’t seeing the improvement in their day-to-day lives. We need sustained, robust economic growth, and that’s why this week the House will pass real pro-growth policies to promote research, development, and innovation. Our focus has to be on helping the middle class get ahead, not just get by.”
The three bills on the House floor this week include:
- The COMPETES Reauthorization Act (H.R. 1806): Sponsored by Space, Science, & Technology Committee Chairman Lamar Smith (R-TX), H.R. 1806 prioritizes funding for basic research that “will help ensure future U.S. economic competitiveness and security,” and “spur private sector technological innovation,” says Chairman Smith.
- The American Research and Competitiveness Act (H.R. 880): Sponsored by Rep. Kevin Brady (R-TX), H.R. 880 brings more certainty to the tax code by simplifying and making permanent the research & development tax credit, making it easier for businesses to invest, innovate, and create more American jobs.
- The SPACE Act (H.R. 2262): Sponsored by Majority Leader Kevin McCarthy (R-CA), H.R. 2262 “will facilitate a pro-growth environment for the developing commercial space industry by encouraging private sector investment, creating more stable and predictable regulatory conditions, and improving safety,” McCarthy notes.