TFAI released the following statement on The Industries of the Future Act (S 3191):

Washington, DC—The Task Force on American Innovation (TFAI) – a coalition of companies, university associations, and professional societies that support sustained and robust federal investment in basic science research – issued the following statement on the passage in the Senate Commerce, Science and Transportation Committee of S 3191, “The Industries of the Future Act”:

“The Task Force on American Innovation salutes Senators Wicker, Gardner, Baldwin and Peters on writing ‘The Industries of the Future Act’ and commends the Senate Commerce, Science and Transportation Committee for passing it. This bill marks an important step forward as the U.S. prepares for the jobs and the technology of our future economy. Our success as a global leader in innovation is strongly tied to our nation’s firm commitment to supporting a broad portfolio of fundamental research, and we call on Congress to continue to invest in the science and engineering research that will be the cornerstone of our success in the future. We look forward to working with leaders in both chambers to ensure that we are leading the innovation economy of tomorrow by investing in fundamental research today.”