Senate Draft of Endless Frontier Act To Propose Major Federal Technology Investment
A bill to be introduced in the U.S. Senate by Minority Leader Chuck Schumer (D-NY) proposes a major federal investment of $110 billion over ten years to spur technological innovation. The bill would create a new directorate focused on technology in the National Science Foundation (NSF), funding it with $100 billion, and also would create a new office in the Department of Commerce and 10 to 15 regional hubs to advance the development and implementation of those technologies.
This proposed legislation would represent a historic level of new federal investment in scientific and technological innovation.
Support for this approach to technological innovation and implementation is broad, including statements lauding the approach from the Metropolitan Policy Program at the Brookings Institution, the American Manufacturing Communities Collaborative, and the Northeast-Midwest Institute.
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