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TechWonk Blog
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This week鈥檚 House and Senate vote on a short-term deal to re-open the government and extend the federal debt ceiling was the symbolic equivalent of a stroke victim taking his first few tentative yet positive steps in rehab.聽 It鈥檚 not a perfect metaphor to describe the legislative paralysis that has gripped Washington, but it works when we think about what Congress needs to do going forward.聽 With congressional [...]
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Prior to participating in a discussion with employees at Intel Corporation in Santa Clara, Calif., House Ways & Means Chairman Dave Camp and Senate Finance Chairman Max Baucus were given a brief tour of the Intel Museum.聽 Among the many innovations created by this iconic company was the 386 microprocessor, a 32-bit chip that made it possible for personal computers to run more than one software application [...]
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Earlier today, I had the honor of representing 91pro视频 and our member companies at a hearing before the Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade.聽 The testimony provided by me and my fellow witnesses, and the productive discussion with the Subcommittee members, were focused on the troubling and disruptive policies in place or under consideration by the Government of India [...]
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When it comes to identifying policymakers who will champion bipartisan, constructive approaches to fix our outdated, broken tax system and help U.S. companies to innovate, compete and create jobs, don鈥檛 count Senator Carl Levin among them. For several years, Senator Levin has used his position as Chair of the Permanent Subcommittee on Investigations to conduct a campaign to embarrass American companies [...]
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The Senate Judiciary Committee鈥檚 work this week on the Gang of 8 (G8) immigration reform bill could include an energetic debate on two competing views about temporary skilled visas 鈥� the H-1B (for those with Bachelor鈥檚 degrees or higher) and the L-1 (for managers, executives and those with specialized knowledge) 鈥� and how they impact U.S. workers and the U.S. economy. These views are represented in [...]
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My college statistics professor was the source of a truly memorable warning: 聽鈥淭here are PT Barnums in data analysis who can easily influence people who鈥檝e either never taken a statistics course or slept through one.鈥澛� That鈥檚 good advice for policymakers because in major policy debates statistical wars usually occur, and some PT Barnums do surface. The Economic Policy Institute (EPI) is vying for the [...]
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Today, the House of Representatives renewed its work on cybersecurity with a series of votes on bipartisan proposals to enhance and improve U.S. cyber defenses.聽 At the heart of this debate is the Cyber Intelligence Sharing and Protection Act (CISPA), offered by the Republican and Democratic leaders of the House Intelligence Committee -- Chairman Mike Rogers of Michigan and Ranking Member C.A. Dutch [...]
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Under a beautiful blue sky in the Rose Garden this morning, President Obama laid out the three key questions that drove the priorities in his just-released Fiscal Year (FY) 2014 budget: 鈥淗ow do we make America a magnet for new jobs?聽 How do we give our workers the skills they need to do those jobs?聽 And how do we make sure that hard work leads to a decent living?鈥� Some of the key initiatives put forward [...]
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In October 1986, then-Los Angeles Lakers Coach Pat Riley confronted a major challenge:聽 How to restore a talented basketball team to dominance in a highly competitive league. 聽His response proved to be the most pivotal strategic decision of his career:聽 He made his most innovative playmaker, Earvin 鈥淢agic鈥� Johnson, the focal point of the team鈥檚 offense. Riley believed Magic had not reached his full [...]
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In a report that would have made Casablanca鈥檚 Captain Renault blush, this morning鈥檚 Marketplace Morning Report discovered the 鈥渟hocking鈥� news that U.S.-headquartered multinational companies keep their foreign earnings in foreign markets, and by doing so, they are able to defer any U.S. taxes on those earnings until it is invested in the U.S.聽 This isn鈥檛 new -- tax deferral been a feature of U.S. tax [...]