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Published: 2015-06-30

Total Pages: 148

ISBN-13: 9781330518977

Excerpt from The Impact of Government Regulatory, Tax and Legal Policy: Hearing Before the Subcommittee on Technology of the Committee on Science U. S. House of Representatives, One Hundred Fourth Congress, First Session, September 28, 1995 The Subcommittee met at 9:45 a.m., in Room 2318 of the Rayburn House Office Building, the Honorable Constance A. Morella, Chairwoman of the Subcommittee, presiding. Mrs. Morella. Ladies and gentlemen, I think I'm going to start. I call the meeting to order. There will be other members that will be joining us. There is a conference of the Majority Party now that will be terminating by 10:00, and others will be joining us. But I think, in the interest of time, and because there will be opening statements, well now progress. The Technology Subcommittee, as you know, has jurisdiction over all aspects of our nation's technology and competitiveness policy. Included in this jurisdiction is explicit oversight and investigative authority into antitrust, regulatory, tax, and other legal and governmental policies which relate to technological development and commercialization. We are exercising our jurisdiction today over these issues to discuss their effect on our nation's competitiveness, as part of this Congress' technology and competitiveness focus. From the beginning of my congressional tenure, I've served on the Science Committee. In that time, the Committee has made various efforts to promote and facilitate the creation and development of technologies by United States companies. The Committee has had success in this effort of legislating new technology programs. However, in order to most effectively promote technology creation and development, we must also broadly examine alternative factors to our nation's ability to compete in the global marketplace. The impact of these factors, such as our macroeconomic and governmental policies, are very important, since the successful promotion of technology and competitiveness are significant determinants of our nation's sustainable economic growth, productivity improvement, and competitive standing. We need to fully examine the root causes of the competitiveness problems facing United States industry. And perhaps the foremost avenue to fuel United States economic growth and private sector job creation, is to reduce the national debt - we're trying - and thereby lower the cost of capital. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.