Jim Baird: “I greatly respect and admire the gentleman from Arizona, who I know is committed to trying to reduce the deficit, as am…”

“I greatly respect and admire the gentleman from Arizona, who I know is committed to trying to reduce the deficit, as am I, and we have worked on other areas on that, but let me just share a couple of things about this. First of all, the gentleman talked about private industry research, and he is right about that. There is a lot of private industry research. Let me share with the gentleman some of the private industry bodies that endorse this bill, and the list is very impressive. I have got it. I would be happy to share it. If it is such a bad bill or needs to be dramatically modified, these are the organizations that support it: Computing Research Association, National Defense Industrial Association, American Chemical Society, Business Roundtable, Information Technology Association of America, National Venture Capital Association, Semiconductor Industry Association, Software & Information Industry Association, TechNet, Technology CEO Council, Accenture, Advanced Micro Devices, Agilent, Apple, Applied Materials. I have only it four or five. I am just on the A's. I could go on. The point being, yes, private industry does fund a great deal of research. They recognize government has a very important role, and far from being deeply suspicious of that role, they profoundly endorse it.”