The planned short increases will enable a substantially higher Federal investment in technology with strong commercial application as called for by the Clinton Administration's economic plan. I do think it is a difference in economic philosophy. I do think it is a basic difference in policy dealing with the degree to which the Federal Government should involve itself in research and development activities in the private sector.
Discussing federal investment in technology and economic policy differences during a speech.
Share
More from John Danforth
I have another concern which I consider significant. Ordinarily, the law gives actions of State or local governments a presumption of validity. This legislation does not. In fact, it says that the Secretary must issue an order preventing…
Well, I do not want to miscast or in any way misrepresent what this is about. The way the Senator has put the issue has to do with increased spending. I believe that the argument would be made that this is called investment and that…
This letter is to confirm that the National Venture Capital Association is adamantly opposed to the venture capital provision contained in Section 306 of S. 4. As the President-Elect of NVCA, Patricia Cloherty, stated in a letter dated…
My concern is that in imposing a freeze, the Secretary be extremely cognizant of the consequences to the bond market. I would not want to see an airport's bond ratings impaired as a result of a freeze.
Other voices in this conversation
