Innovation and Entrepreneurship
The New Democrat Coalition's Principles for COMPETES Act Reauthorization (Released 2013)
The strength of America’s economic machine is underpinned by the link between innovation, economic development and job creation. Since its founding, the New Democrat Coalition has led the way for smart policies that foster innovation through public-private partnerships, new technologies and cutting-edge research and development. As Congress considers the first reauthorization of the America COMPETES Act since 2010, the Coalition offers the following principles to ensure that we, as leaders tasked with maintaining America’s continued competitiveness in a 21st Century economy, don’t just talk about innovation – we invest in it.
The New Democrat Coalition's Principles for Innovation and Competitiveness (Released 2012)
With an increasingly competitive global economy, it’s more important than ever to advance policies that promote economic competitiveness and lay the foundation for the next generation to build on our success. A strong innovation agenda must include a strong partnership between the private sector and the federal government to spur greater private-sector growth. Even as we work to get our fiscal outlook in order, it is imperative to foster the innovation that will ensure our continued economic prosperity and position in the global economy. To maintain our competitive edge, America must provide the right environment to promote innovation and entrepreneurship. In this document, the New Democrat Coalition (NDC) has outlined basic principles that will allow our nation’s businesses and entrepreneurs to be more innovative and competitive.
The New Democrat Coalition's Principles for Fixing the Elementary and Secondary Education Act (Released 2012)
As Members of the New Democrat Coalition, we firmly believe well-educated students are the foundation for a strong workforce, globally competitive businesses, and sustainable economic growth. Every student deserves a first-rate education that equips them with the tools and skills to compete and succeed in the global economy. Working together, we can fix elements of our education system that do not work, strengthen our schools by embracing ideas that have proven successful, reward excellence and improve the effectiveness of our teachers and principals.
More on Innovation and Entrepreneurship
Co-Chairs: Representative Jared Polis, Bill Foster, and Seth Moulton
The Future of Work Task Force will investigate trends in innovation, the workforce, and the economy that are changing the ways Americans work today and in the future.
Today, Chair Emeritus Rep. Ron Kind (WI-03) introduced the Investing in Opportunity Act, which will boost economic growth in communities that have been left behind by incentivizing more private sector investment. The New Democrat Coalition is committed to growing the economy and increasing opportunities for all Americans. New Democrats support solutions to boost private sector investment to help communities across the country grow and thrive so that all Americans feel they are getting a fair shot at economic opportunities.
Rep. Suzan DelBene (WA-01), a biopharma executive-turned-lawmaker, pushes for more federal research funds. Recently named to the House Ways and Means Committee, DelBene said her priorities include the repeal of taxes on medical devices, as well as a reduction in taxes on small businesses. She also plans to fight against attempts to repeal of the Affordable Care Act and oppose efforts to privatize Medicare. DelBene has also been a leading advocate of increased federal funding for the National Institutes of Health.
Today, with a large majority of New Dem Members’ support, the House passed Helping Angels Lead Our Startups (HALOS) Act introduced by New Dem Rep. Krysten Sinema (AZ-09) and cosponsored by New Dem Reps. John Delaney (MD-06), Scott Peters (CA-52), Jared Polis (CO-02), and Brad Schneider (IL-10).
Today New Democrats voted against the Regulations from the Executive in Need of Scrutiny (REINS) Act. The REINS Act undermines the power of agencies set up to enforce governmental regulations by requiring Congressional approval of all major rules. Instead of improving America’s regulatory environment, the bill will paralyze executive branch rule-making leading to inefficiency in government.