U.S. Chamber Applauds Passage of the U.S. Innovation and Competition Act, Focus on R&D Investments to Help American Competitiveness

WASHINGTON, D.C. – The following statement can be attributed to Neil Bradley, executive vice president and chief policy officer U.S. Chamber of Commerce, on passage of the U.S. Innovation and Competition Act (formerly the Endless Frontier Act). 
“We applaud Senators Schumer and Young and the U.S. Senate for approving the U.S. Innovation and Competition Act. As the legislative process continues, the Chamber will continue to engage with members of Congress to address some ongoing concerns with the bill. Nonetheless, this bipartisan legislation illustrates what’s possible when lawmakers come together, iron out issues, and put our economic future first. The Chamber is supportive of increasing federal government investments in basic research and R&D, which have steadily declined for several decades. These investments are critical to continued U.S. scientific leadership and will support economic growth, job creation, and economic competitiveness.”