Business Roundtable urges Senate and House Conference Committee to seize momentum, agree to bipartisan U.S. innovation and competitiveness legislation.

Leadership in innovation is one of the most important factors for the future of the United States' competitiveness. Through innovation, we can continue to achieve sustainable, long-term economic growth that increases prosperity and leads to a higher standard of living for all Americans. While America remains the global leader in innovation, there are legitimate concerns that we are losing competitive ground as other countries acquire market access and pour massive resources into research and development.

Congress Should Consider:

The United States needs to make strategic, long-term investments in science and technology.

Investing in R&D now helps sustain U.S. dominance in emerging technologies, especially semiconductors and the future of chips manufacturing.

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