In 2007, President Bush signed into law the America COMPETES Act. Today, members of Congress are working to reauthorize that legislation. Their goal is the same as that of three years ago: maintain and enhance U.S. innovation in the 21st century.
The COMPETES acronym stands for Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science. The 2007 bill, which received bipartisan support and was hailed as landmark legislation, focused on three areas: (1) increasing research support; (2) bolstering STEM (Science, Technology, Engineering, and Math) education in our public schools; and (3) developing an innovation infrastructure. At the time, the White House hailed the legislation as an important step in “keeping America the most innovative nation in the world.”
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In a recent press release, Rep. Gordon commented, “The America COMPETES Act is critical to our nation’s long-term economic competitiveness.” Currently, the Committee is still working on a version of the bill to introduce on the House floor. But Chairman Gordon has announced his goal to move the America COMPETES Act through the house before the Memorial Day recess. The Senate leaders have similar plans. The intention is have a conference agreement completed by the July 4 recess.