Aug 24 2010
Vice President Biden Releases Report on Recovery Act Impact on Innovation
New Analysis Finds U.S. Now On-Track to Achieve Four Major Science and Technology Breakthroughs Due to Recovery Act WASHINGTON – Vice President Joe Biden today unveiled a new report, “The Recovery Act: Transforming the American Economy through Innovation,” which finds that the Recovery Act’s $100 billion investment in innovation is not only transforming the economy and creating new jobs, but helping accelerate significant advances in science and technology that cut costs for consumers, save lives and help keep America competitive in the 21st century economy. The report can be viewed in full HERE . “From the beginning, we have been a nation of discovery and innovation – and today we continue in that tradition as Recovery Act investments pave the way for game-changing breakthroughs in transportation, energy and medical research,” said Vice President Biden. “We’re planting the seeds of innovation, but private companies and the nation’s top researchers are helping them grow, launching entire new industries, transforming our economy and creating hundreds of thousands of new jobs in the process.” According to this new analysis, the U.S.
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Vice President Biden Releases Report on Recovery Act Impact on Innovation