WASHINGTON, DC — Global tech trade association ITI’s President and CEO Jason Oxman issued the following statement about President Biden’s proposed American Jobs Plan:
“Investments in digital technologies and infrastructure are critical to the United States’ near-term economic success and for building a solid foundation for America’s future growth. In the American Jobs Plan, President Biden highlights several of our shared priorities, including ensuring all Americans have access to high-speed broadband, harnessing the power of technology to tackle the climate crisis, and investing in STEM education and workforce training to develop students and workers from all backgrounds and skill levels. Further, we welcome President Biden’s focus on securing the U.S. supply chain through investments in domestic semiconductor manufacturing, and on research and development at HBCUs and in emerging technologies.
“However, to ensure these important investments fully support the American Jobs Plan’s stated goals, they should not come at the expense of weakening the United States’ internationally competitive tax policies. These tax policies promote growth in high-skilled, highly paid jobs, incentivize domestic investments, and enable the United States’ most innovative companies to remain globally competitive in developing and delivering products and services throughout the world. We look forward to working with the Biden-Harris Administration and Congress to continue to develop this plan as it moves through the legislative process.”
ITI released a comprehensive, pro-innovation policy agenda that the Biden-Harris Administration and U.S. Congress can adopt to help the country compete globally in January. ITI’s agenda, Advancing Innovation to Make the U.S. More Globally Competitive, includes policies that promote research and development, digital trade, and technological innovation reverberate through all sectors of the U.S. economy and society.