Video archive of the US Congress

House Proceeding on Jan 27th, 2010 :: 2:17:00 to 2:20:00
Total video length: 2 hours 43 minutes Stream Tools: Stream Overview | Edit Time

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David Wu

2:16:52 to 2:17:15( Edit History Discussion )

David Wu: suspend the rules and pass h.r. 4508. madam speaker, i reserve the balance of my time. the speaker pro mpore: the gentleman reserves the balance of his time. the gentlewoman from new york. ms. velazquez: madam speaker, i yield as much ti as he may consume, mr. david wu from oregon. the speaker pro tempore: the gentleman from oregon is recognized. mr. wu: thank you, madam speaker. i rise in somewhat reluctant

David Wu

2:17:00 to 2:20:00( Edit History Discussion )
Speech By: David Wu

David Wu

2:17:16 to 2:17:38( Edit History Discussion )

David Wu: suppo of this legislation. which temporarily, among other things, extends the small business innovative research and small business technology transfer programs. the truth is that we should have re-authorized these programs long ago. and we should not be dragging this process out, but that is not a problem that we have in this chamber.

David Wu

2:17:39 to 2:18:01( Edit History Discussion )

David Wu: it is very, very important because these innovation programs invest in small businesses, the ones best positioned to drive economic growth and to create new jobs. innovation is the key to resuscitating our alien economy and to creating good family-wage jobs for the american middle class.

David Wu

2:18:02 to 2:18:22( Edit History Discussion )

David Wu: by investing in innovation, sbir and sptr create more than good-paying jobs, they encourage the development of growth industries. and that, madam speaker, is what our nation needs most. apple, microsoft, research in motion l started out as

David Wu

2:18:23 to 2:18:44( Edit History Discussion )

David Wu: cutting-edge small businesses. these creative high-tech companies spurred new industries, new jobs, new technologies that now employ hundrs of thousands of americans. by facilitating creative renewal, sbip and sptr are no

David Wu

2:18:45 to 2:19:05( Edit History Discussion )

David Wu: only helping guide our economy out of recession, they are building our nation's capacity to thrive in a very competitive global economy. sbir and sptr have a proven track record of over 25 years success in creating good-paying jobs in high-growth industries and we must continue our

David Wu

2:19:06 to 2:19:26( Edit History Discussion )

David Wu: commitment to these programs and re-authorize them immediately. but we cannot continue to fuel the 21st century economy with 20th century programs. we must modernize sbir and sptr so they can meet their potential as innovation katja lists. some of these improvements are

David Wu

2:19:27 to 2:19:47( Edit History Discussion )

David Wu: simple like making awards more reflective of today's technology development costs. others like ensuring that our most innovative companies are eligible for public investments regardless of their capital structure require a more nuanced approach. the science and technology committee and the small business

David Wu

2:19:48 to 2:20:03( Edit History Discussion )

David Wu: committee led by my colleague chairwoman velazquez have been working hard with our senate colleagues to strike the right balance for these improvements. we are not there yet, but i am confident that we will get there. in the meantime, we must pass

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