September 06, 2010 — New York Times — “Obama to Propose Tax Write-Off for Business”
… The stimulus initiative … will have a provision to expand and make permanent a tax credit for corporations’ research and development expenses; for three decades, the credit has been enacted temporarily, given its revenue cost, and then always extended, but with frequent lapses that frustrate businesses.
September 06, 2010 — Local Tech Wire — “Lenovo Exec Says STEM is Vital to Today’s Workforce”
… In your view, how important is STEM to the U.S. economy overall? “STEM is critically important to workforce development and, thus, the economy in the United States. Science, technology, engineering and mathematics are the new vernacular for our increasingly interconnected world. Students must learn how to critically think about issues through these lenses in order to continue the great history of innovation which has so benefited the United States.”
September 06, 2010 — Reuters — “Obama Kicks Off Campaign With Infrastructure Plan”
… A centerpiece of his new plan is a proposal for the U.S. Congress to increase and permanently extend a tax credit for business research and development. The tax credit proposal, which was widely expected by investors, would cost $100 billion over 10 years.