Eddie Bernice Johnson actually said...

I fully understand that the Administration is working on a tough budget environment and that trade-offs and compromises have to be made.

While tough choices have to be made, cuts to our federal R&D enterprise weakens the country's ability to be a leader in innovation.

Thank you for holding this hearing to explore the use of prize competitions to spur innovation and technology breakthroughs.

Our competitors have the same tough budget choices to make, yet they are not just maintaining their R&D investments, but doubling and tripli...