[Congressional Record (Bound Edition), Volume 156 (2010), Part 6]
[House]
[Page 8101]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          AMERICA COMPETES ACT

  (Ms. SCHWARTZ asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. SCHWARTZ. Today, the House of Representatives will take a 
significant step towards advancing American innovation and 
strengthening American competitiveness with the America COMPETES Act.
  This bipartisan proposal will expand public-private collaboration, 
assist industry and manufacturers, improve science and mathematics 
education, and create new, good-paying jobs. It accomplishes this by 
continuing the Department of Energy's Advanced Research Projects, 
devoted to next-generation energy research and development projects; 
providing loan guarantees for small- and medium-sized manufacturers to 
enable them to access capital and become more efficient; and by 
promoting more research and development initiatives.
  This bill is supported by more than 750 businesses and academic 
organizations, including the U.S. Chamber of Commerce, the National 
Association of Manufacturers, National Venture Capital Association, and 
the Biotech Industry Organization.
  This continuing initiative is part of the Democratic solution to 
promote innovation and new technology in both older and new industries, 
prepare a skilled workforce, enhance our economic competitiveness, and 
build a strong 21st century national economy.

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