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APR 21, 2021 | US

Momentum Grows in Congress for Legislation Confronting China

Bloomberg, April 21, 2021

By Daniel Flatley

The panel’s action came shortly after Majority Leader Chuck Schumer and Republican Senator Todd Young formally introduced their Endless Frontier Act that, among other things, would authorize $100 billion over five years to strengthen research and development in technology, computing, artificial intelligence, manufacturing and other areas.

Industry groups applauded the introduction of the legislation.

“At a time when global competitors are seeking advantages through increased investments in R&D, it’s a critical time for the US to update its strategy to ensure it retains its lead,” said Craig Albright, the vice president for legislative strategy at BSA | The Software Alliance, which includes Microsoft Corp., Intel Corp. and IBM Corp. “The Endless Frontier Act takes a forward-looking approach to help ensure the US remains the global hub for innovation.

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Original Posting: https://www.bloomberg.com/news/articles/2021-04-21/momentum-grows-in-congress-for-legislation-confronting-china?srnd=politics-vp

SOBRE A BSA

A BSA | The Software Alliance (www.bsa.org) é a principal defensora do setor global de software perante governos e no mercado internacional. Seus membros estão entre as empresas mais inovadoras do mundo, criando soluções de software que estimulam a economia e melhoram a vida moderna.

Com sede em Washington, DC e operações em mais de 30 países, a BSA promove programas de conformidade que promovem o uso legal de software e defendem políticas públicas que promovem a inovação tecnológica e o crescimento da economia digital.

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