Republican leaders in the House of Representatives announced a plan Wednesday to push legislation designed to make the United States more competitive in world markets, including a bill that includes an R&D tax credit and incentives for health care IT.Republican leaders, including Speaker of the House Dennis Hastert, promised to push an “innovation” agenda, including the Innovation and Competitiveness Act, introduced Wednesday by Reps Bob Goodlatte (R-Va.) and Lamar Smith R-Texas).The bill focuses on providing educational incentives for math and science students and reducing “abusive” lawsuits against U.S. businesses, in addition to an R&D tax credit and incentives for health-care facilities to improve their use of IT. Neither Goodlatte’s, Smith’s or Hastert’s offices had immediate information on the details of the bill.During a press conference, Hastert praised the House Republican High Tech Working Group, led by Goodlatte and Smith. “The most important thing about a working group is, of course, work,” said Hastert (R-Ill.). “This group has not just talked the talk, it has walked the walk when it comes to getting the job done for the high tech community and the American people.” A string of Republican House members talked about the need for legislation to improve U.S. competitiveness in the face of competition from countries such as India and China. Some lawmakers talked about a need for math and science scholarships; others talked about funding increases for the National Science Foundation and other government research agencies.Although the U.S. economy is still the best in the world, other countries are “breathing down our neck,” said Rep.Sherwood Boehlert (R-N.Y.), chairman of the House Science Committee. “We have to act now, or we’re going to pay later,” he said. Smith, sponsor of bills intended to reduce the number of lawsuits against small businesses, said Congress needs to complete work on a bill that would allow judges to access the court costs to a plaintiff in a “frivolous” lawsuit. Smith’s past legislation would also limit the jurisdictions where a lawsuit could be filed.“These lawsuits are nothing but legalized extortion,” Smith said.Tech groups praised House Republicans for focusing on technology and innovation. HP praised them for promising to focus on expanding a R&D tax credit, and the Information Technology Industry Council applauded Republicans for identifying innovation as a top priority.But House Democratic Leader Nancy Pelosi said the Republican plan lacks several key elements of a Democratic innovation plan released last year. The Republican plan doesn’t deal with the “digital divide” in broadband, and it doesn’t focus on U.S. energy independence, she said in a statement. Related content feature 5 ways to boost server efficiency Right-sizing workloads, upgrading to newer servers, and managing power consumption can help enterprises reach their data center sustainability goals. By Maria Korolov Dec 04, 2023 9 mins Green IT Servers Data Center news Omdia: AI boosts server spending but unit sales still plunge A rush to build AI capacity using expensive coprocessors is jacking up the prices of servers, says research firm Omdia. By Andy Patrizio Dec 04, 2023 4 mins CPUs and Processors Generative AI Data Center feature What is Ethernet? History, evolution and roadmap The Ethernet protocol connects LANs, WANs, Internet, cloud, IoT devices, Wi-Fi systems into one seamless global communications network. By John Breeden Dec 04, 2023 11 mins Networking news IBM unveils Heron quantum processor and new modular quantum computer IBM also shared its 10-year quantum computing roadmap, which prioritizes improvements in gate operations and error-correction capabilities. By Michael Cooney Dec 04, 2023 5 mins CPUs and Processors High-Performance Computing Data Center Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe