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President Biden s Tax-and-Spend Plan Expands Federal Power, Not Jobs

Toggle open close On March 31, the Biden Administration released details on its “American Jobs Plan.” Containing $2.25 trillion in new spending, $400 billion in tax credits, and $2.75 trillion in tax increases, if passed as proposed, the plan would be among the largest pieces of legislation in American history.REF The sprawling nature of the proposal, which includes taxes, transportation infrastructure, schools, health benefits, economic incentives, and more, makes the package difficult to analyze and summarize for public debate. This has become standard practice in Washington: Leading Members of Congress bundle disparate policy measures into a handful of bloated legislative vehicles per session, and deem them “must pass” in order to pressure rank-and-file Members to vote in favor of them regardless of their specific policy concerns.REF

How innovation powerhouse South Korea can be a springboard for your startup s success

How innovation powerhouse South Korea can be a springboard for your startup’s success The K-Startup Grand Challenge 2021, organised by the Government of South Korea, offers a fantastic global platform for startups looking to expand across the robust Asian market 0 claps Share on South Korea is often described as the gateway to Asia, and not without reason. The country is home to some of the most innovative industries and companies in the world such as Samsung, Hyundai, LG and The Shinhan Group, among others. Burgeoning investments in artificial intelligence, big data, virtual reality, and renewable energies have also kept South Korea on top of several innovation indices. The most prominent of these is South Korea’s number one position in the Bloomberg Innovation Index for 2021.

Federal Spending Alone Can t Buy Energy Innovation | The Heritage Foundation

Apr 14th, 2021 4 min read COMMENTARY BY Senior Policy Analyst Katie Tubb is a senior policy analyst for energy and environmental issues in the Thomas A. Roe Institute for Economic Policy Studies. The hearings come in the wake of the American Jobs Plan and the Biden administration’s budget, including massive proposals for taxpayer-backed research. Sebastian Condrea / Getty Images Key Takeaways Context around the state of research and development in the U.S. should inject a dash of humility about how much taxpayer-backed resources contribute. The reality is, while money is critical, you can’t buy a culture of innovation. Congress should ferret out byzantine permitting regulations and other approvals that kill ideas from ever getting their legs under them.

Federal Spending Alone Can t Buy Energy Innovation

Federal Spending Alone Can’t Buy Energy Innovation Taxpayer-backed research and development, demonstration, and commercialization of alternative energy sources are often rife with potential for cronyism, and might not align with actual market needs and preferences. Pictured: Windmills produce renewable energy in the Mojave Desert outside of Lancaster, California. (Photo: Universal Images Group/Getty Images) Commentary By Committees in the House and Senate are scheduled Thursday to hold hearings on energy innovation. The hearings come in the wake of the American Jobs Plan and the Biden administration’s budget, including massive proposals for taxpayer-backed research, development, demonstration, and commercialization, particularly for energy technologies.    

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