Washington, D.C. – Senators Pete Domenici, R-NM, Jeff Bingaman, D-NM, Lamar Alexander, R-TN, and Barbara Mikulski, D-MD, today commend President Bush for announcing the Administration’s American Competitiveness Initiative (ACI) in tonight’s State of the Union speech. The ACI contains a majority of the proposals from the Protecting America’s Competitive Edge (PACE) Act. The PACE Act was introduced in the Senate last week as a package of three bills: S. 2197 – PACE Energy; S. 2198 – PACE Education and S. 2199 – PACE Finance.
The PACE Act aims to help America maintain its leading edge in science and technology and implements twenty recommendations contained in a recent report by the National Academy of Science titled "Rising Above the Gathering Storm." The bills now have 60 cosponsors, including both Senate Majority Leader Bill Frist and Senate Minority Leader Harry Reid.
Senator Domenici’s statement:
The President tonight made it clear maintaining American competitiveness around the globe is one of his top priorities. The Administration, over 10 years, will invest $50 billion in research, education and workforce training to maintain our leading edge. I share the President’s grave concern and congratulate him for his vision and leadership. We must develop the brain power of America to meet the challenges of the future. There is a strong bipartisan commitment in the Senate to fixing problem. I look forward to working closely with the Administration to implement the President’s plan and complement it with our legislation.
more yuck here ...
http://energy.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=234834&Month=1&Year=2006