Category Archives: economic growth

>RUSH HOLT ON PRESIDENT OBAMA’S ADDRESS TO CONGRESS

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The following is a statement released by Congressman Rush Holt after last night’s speech to a joint session of Congress, by President Barack Obama:

(Washington, D.C.) – Rep. Rush Holt (NJ-12) released the following statement tonight in response to President Obama’s Address to Congress. Holt’s guest for the speech was Dr. Dr. Risa Lavizzo-Mourey, President of the Robert Wood Johnson Foundation, the nation’s largest philanthropy exclusively devoted to improving the health and health care of all Americans.

“The President has demonstrated again – as he did during the debate over the economic recovery bill – that we cannot have long-term economic growth without investing in science research.

“The President also showed that he recognizes that we can’t fix our economy if we don’t fix the health care system. As it is now, our health care system adds needless costs, inequality, and inefficiency that hobbles our economy. My guest tonight in the House gallery – Dr. Risa Lavizzo-Mourey, President of the Robert Wood Johnson Foundation – understands this as well as anyone, rightfully calling for comprehensive health reform to cover the uninsured, improve the quality of care, focus on prevention, and bring spending under control.”


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Filed under economic growth, healthcare reform, joint session of congress, President Obama, Robert Woods Johnson Foundation, Rush Holt, speech, statement

RUSH HOLT ON PRESIDENT OBAMA’S ADDRESS TO CONGRESS

The following is a statement released by Congressman Rush Holt after last night’s speech to a joint session of Congress, by President Barack Obama:

(Washington, D.C.) – Rep. Rush Holt (NJ-12) released the following statement tonight in response to President Obama’s Address to Congress. Holt’s guest for the speech was Dr. Dr. Risa Lavizzo-Mourey, President of the Robert Wood Johnson Foundation, the nation’s largest philanthropy exclusively devoted to improving the health and health care of all Americans.

“The President has demonstrated again – as he did during the debate over the economic recovery bill – that we cannot have long-term economic growth without investing in science research.

“The President also showed that he recognizes that we can’t fix our economy if we don’t fix the health care system. As it is now, our health care system adds needless costs, inequality, and inefficiency that hobbles our economy. My guest tonight in the House gallery – Dr. Risa Lavizzo-Mourey, President of the Robert Wood Johnson Foundation – understands this as well as anyone, rightfully calling for comprehensive health reform to cover the uninsured, improve the quality of care, focus on prevention, and bring spending under control.”


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Filed under economic growth, healthcare reform, joint session of congress, President Obama, Robert Woods Johnson Foundation, Rush Holt, speech, statement

>$500k To Help Business, Environmental Research in New Jersey

>Press Release

Grants Will Help Spur Manufacturing, Study of Oceans and Shores.

WASHINGTON, D.C. – U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that the U.S. Department of Commerce (USDOC) has awarded more than $500,000 to the New Jersey Manufacturing Extension Partnership (NJMEP) and the New Jersey Marine Sciences Consortium. The NJMEP grant will help state-based manufacturers increase their productivity and the Marine Sciences grant will help support New Jersey Sea Grant Program.

“New Jersey is home to some of the country’s most innovative research facilities,” Sen. Lautenberg said. “With these funds, we can help increase productivity and innovation, even in these tough economic times.”

“The loss of manufacturing jobs in this country has been a major detriment to our economy, which is why support for the New Jersey Manufacturing Extension Program is so important. Helping to grow and bolster our manufacturing sector in New Jersey helps create jobs and spurs economic activity in our state,” said U.S. Senator Robert Menendez. “The Marine Sciences Grant will continue to support coastal management by putting research to practical use. This grant ultimately benefits future generations of New Jerseyans by preserving our natural resources as well as growing the economy of our coast communities.”

The two grants are as follows:

NJMEP: $139,965 to keep providing of services to manufacturers to aid them in growth, productivity and efficiency.

Marine Sciences Grant: $403,797 for New Jersey Marine Sciences Consortium for their New Jersey Sea Grant program. The Sea Grant is a comprehensive research, outreach and education program that helps us better understand the oceans and costal zones, and how to use the resources they provide us.
Since September 2008, Senators Lautenberg and Menendez have announced more than $1.5 million in federal funding to help support New Jersey’s businesses.

Contact:
Lautenberg Press Office (202) 224-3224

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Filed under economic growth, Jersey Shore, Job creation, Manufacturing, Marine Science Grant, NJMP, productivity, US Department of Commerce, US. Sen. Frank Lautenberg, US. Sen. Robert Menendez

$500k To Help Business, Environmental Research in New Jersey

Press Release

Grants Will Help Spur Manufacturing, Study of Oceans and Shores.

WASHINGTON, D.C. – U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that the U.S. Department of Commerce (USDOC) has awarded more than $500,000 to the New Jersey Manufacturing Extension Partnership (NJMEP) and the New Jersey Marine Sciences Consortium. The NJMEP grant will help state-based manufacturers increase their productivity and the Marine Sciences grant will help support New Jersey Sea Grant Program.

“New Jersey is home to some of the country’s most innovative research facilities,” Sen. Lautenberg said. “With these funds, we can help increase productivity and innovation, even in these tough economic times.”

“The loss of manufacturing jobs in this country has been a major detriment to our economy, which is why support for the New Jersey Manufacturing Extension Program is so important. Helping to grow and bolster our manufacturing sector in New Jersey helps create jobs and spurs economic activity in our state,” said U.S. Senator Robert Menendez. “The Marine Sciences Grant will continue to support coastal management by putting research to practical use. This grant ultimately benefits future generations of New Jerseyans by preserving our natural resources as well as growing the economy of our coast communities.”

The two grants are as follows:

NJMEP: $139,965 to keep providing of services to manufacturers to aid them in growth, productivity and efficiency.

Marine Sciences Grant: $403,797 for New Jersey Marine Sciences Consortium for their New Jersey Sea Grant program. The Sea Grant is a comprehensive research, outreach and education program that helps us better understand the oceans and costal zones, and how to use the resources they provide us.
Since September 2008, Senators Lautenberg and Menendez have announced more than $1.5 million in federal funding to help support New Jersey’s businesses.

Contact:
Lautenberg Press Office (202) 224-3224

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Filed under economic growth, Jersey Shore, Job creation, Manufacturing, Marine Science Grant, NJMP, productivity, US Department of Commerce, US. Sen. Frank Lautenberg, US. Sen. Robert Menendez

01/03/09: President-elect Obama’s Weekly Address

In this week’s address, President-elect Barack Obama discusses solutions for our struggling economy in the new year.

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Filed under Barack Obama, economic growth, Economic Stimulus Package, Green Jobs, new jobs, New Year, President-Elect, solutions, weekly web address

01/03/09: President-elect Obama’s Weekly Address

In this week’s address, President-elect Barack Obama discusses solutions for our struggling economy in the new year.

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Filed under Barack Obama, economic growth, Economic Stimulus Package, Green Jobs, new jobs, New Year, President-Elect, solutions, weekly web address

HOLT: INVESTING IN RESEARCH AND INNOVATION CAN SUSTAIN LONG TERM ECONOMIC GROWTH

FOR IMMEDIATE RELEASE

Makes Remarks at Roundtable on Innovation and Competitiveness at Princeton

PRINCETON – At a roundtable discussion today with Speaker Nancy Pelosi, other Congressional leaders, and national leaders in the science and technology community, Rep. Rush Holt argued that failure to invest in physical sciences and energy research will continue to impair the nation’s economic health. Holt hosted the roundtable, along with Princeton University President Shirley M. Tilghman, to begin an ongoing dialogue about how to ensure our nation’s leadership in basic research and innovation. Holt argued that innovation and infrastructure are necessary for sustained economic growth.

“We cannot view research and development as a luxury to be invested in only during good economic times. Rather, it is vital to our economic growth and quality of life,” Holt said. “”The federal government needs to be a leading force along with the private sector.””

“A critical step to jump-starting our economy and restoring economic security for the American people is a commitment to innovation that ensures America’s competitiveness in the 21st century global economy,”” Speaker Pelosi said. “”With an Innovation Agenda that invests in our intellectual infrastructure the 111th Congress will work to stimulate the research and development that drives economic growth.””

Said President Tilghman: “”I salute Speaker Pelosi, our own Congressman Rush Holt, and other members of Congress who have understood the importance of expanding our national investment in the kind of long term basic research — in the physical sciences as well as in the life sciences — that historically has fueled American competitiveness, innovation and economic growth. Our roundtable discussions provided compelling evidence that it is imperative to firmly commit to doubling the federal investment in the agencies that support basic research in the physical sciences. If we fail to make this investment, we not only risk falling behind other countries, but we also fail to produce the seed corn that is essential to our long-term prosperity. I believe it is also time to commit to a very substantial increase in the federal investment in energy research. This is the right thing to do and the right time to do it, for reasons that are economic and environmental, and I am confident that this is an investment that would be repaid many times over.””

Today’s roundtable on U.S. competitiveness provided an opportunity for members of Congress to discuss with industry leaders, university presidents, federal government officials, and research scientists the necessary steps for maintaining U.S. scientific leadership.

Other participating members of Congress included Bart Gordon, Chairman, U.S. House Committee on Science and Technology; John Larson, Chairman, U.S. House Democratic Caucus for the 111th Congress; Edward Markey, Chairman, U.S. House Select Committee on Energy Independence and Global Warming; and George Miller, Chairman, U.S. House Committee on Education and Labor. Other participants included Norman Augustine, Former President and CEO, Lockheed Martin; Dr. Craig Barrett, Chairman of the Board, Intel Corporation; Dr. Robert Berdahl, President, Association of American Universities; Dr. Bruce Bursten, President, American Chemical Society; Dr. Francis Collins, Former Director of the National Human Genome Research Institute; Professor Phillip Griffiths, School of Mathematics, The Institute for Advanced Studies; Professor John Holdren, Director of the Program on Science, Technology, and Public Policy, Kennedy School of Government, Harvard University; President Shirley Ann Jackson, Rensselaer Polytechnic Institute; Dr. Peter Kim, President, Merck Research Laboratories; Dr. Thomas Mason, Director, Oak Ridge National Lab; Professor Michael Oppenheimer, Woodrow Wilson School and Department of Geosciences, Princeton University; Professor Jeremiah Ostriker, Director of the Princeton Institute for Computational Science and Engineering (PICSciE); Professor Harold Shapiro, President Emeritus and Professor of Economics and Public Affairs, Princeton University; Dr. Charles Vest, President, National Academy of Engineering and Vice Chair, National Research Council; Professor Maria Zuber, Head of the Department of Earth, Atmospheric and Planetary Sciences, Massachusetts Institute of Technology.

“What we learned today from the discussion with these distinguished leaders will start a conversation that we will take back to Washington,” Holt added. “”This discussion highlighted the importance of our innovation infrastructure to ensure American competitiveness in the long-term. I look forward to working with my colleagues on ways to strengthen that innovation infrastructure in the future.””

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Filed under competitiveness, economic growth, Innovtion, investing, members of Congress, Nancy Pelosi, press release, Research, Rush Holt, Science Education, technology

>HOLT: INVESTING IN RESEARCH AND INNOVATION CAN SUSTAIN LONG TERM ECONOMIC GROWTH

>

FOR IMMEDIATE RELEASE

Makes Remarks at Roundtable on Innovation and Competitiveness at Princeton

PRINCETON – At a roundtable discussion today with Speaker Nancy Pelosi, other Congressional leaders, and national leaders in the science and technology community, Rep. Rush Holt argued that failure to invest in physical sciences and energy research will continue to impair the nation’s economic health. Holt hosted the roundtable, along with Princeton University President Shirley M. Tilghman, to begin an ongoing dialogue about how to ensure our nation’s leadership in basic research and innovation. Holt argued that innovation and infrastructure are necessary for sustained economic growth.

“We cannot view research and development as a luxury to be invested in only during good economic times. Rather, it is vital to our economic growth and quality of life,” Holt said. “”The federal government needs to be a leading force along with the private sector.””

“A critical step to jump-starting our economy and restoring economic security for the American people is a commitment to innovation that ensures America’s competitiveness in the 21st century global economy,”” Speaker Pelosi said. “”With an Innovation Agenda that invests in our intellectual infrastructure the 111th Congress will work to stimulate the research and development that drives economic growth.””

Said President Tilghman: “”I salute Speaker Pelosi, our own Congressman Rush Holt, and other members of Congress who have understood the importance of expanding our national investment in the kind of long term basic research — in the physical sciences as well as in the life sciences — that historically has fueled American competitiveness, innovation and economic growth. Our roundtable discussions provided compelling evidence that it is imperative to firmly commit to doubling the federal investment in the agencies that support basic research in the physical sciences. If we fail to make this investment, we not only risk falling behind other countries, but we also fail to produce the seed corn that is essential to our long-term prosperity. I believe it is also time to commit to a very substantial increase in the federal investment in energy research. This is the right thing to do and the right time to do it, for reasons that are economic and environmental, and I am confident that this is an investment that would be repaid many times over.””

Today’s roundtable on U.S. competitiveness provided an opportunity for members of Congress to discuss with industry leaders, university presidents, federal government officials, and research scientists the necessary steps for maintaining U.S. scientific leadership.

Other participating members of Congress included Bart Gordon, Chairman, U.S. House Committee on Science and Technology; John Larson, Chairman, U.S. House Democratic Caucus for the 111th Congress; Edward Markey, Chairman, U.S. House Select Committee on Energy Independence and Global Warming; and George Miller, Chairman, U.S. House Committee on Education and Labor. Other participants included Norman Augustine, Former President and CEO, Lockheed Martin; Dr. Craig Barrett, Chairman of the Board, Intel Corporation; Dr. Robert Berdahl, President, Association of American Universities; Dr. Bruce Bursten, President, American Chemical Society; Dr. Francis Collins, Former Director of the National Human Genome Research Institute; Professor Phillip Griffiths, School of Mathematics, The Institute for Advanced Studies; Professor John Holdren, Director of the Program on Science, Technology, and Public Policy, Kennedy School of Government, Harvard University; President Shirley Ann Jackson, Rensselaer Polytechnic Institute; Dr. Peter Kim, President, Merck Research Laboratories; Dr. Thomas Mason, Director, Oak Ridge National Lab; Professor Michael Oppenheimer, Woodrow Wilson School and Department of Geosciences, Princeton University; Professor Jeremiah Ostriker, Director of the Princeton Institute for Computational Science and Engineering (PICSciE); Professor Harold Shapiro, President Emeritus and Professor of Economics and Public Affairs, Princeton University; Dr. Charles Vest, President, National Academy of Engineering and Vice Chair, National Research Council; Professor Maria Zuber, Head of the Department of Earth, Atmospheric and Planetary Sciences, Massachusetts Institute of Technology.

“What we learned today from the discussion with these distinguished leaders will start a conversation that we will take back to Washington,” Holt added. “”This discussion highlighted the importance of our innovation infrastructure to ensure American competitiveness in the long-term. I look forward to working with my colleagues on ways to strengthen that innovation infrastructure in the future.””

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Filed under competitiveness, economic growth, Innovtion, investing, members of Congress, Nancy Pelosi, press release, Research, Rush Holt, Science Education, technology