President Obama Promises New National Committment to Science and Innovation
The United States will restore its standing as the most innovative nation in the world, President Obama declared at a major speech on science, innovation, and education policy delivered today at the National Academies of Science in Washington D.C. The President pledged to implement policies that will dramatically ramp up the United States’ overall spending (both public and private) on innovation and R&D, bringing it up to three percent of the nation’s total economic output (GDP).
