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HP Supports House Hearing on
Competitiveness in the 21st Century
Statement by John Hassell, HP Director of Federal & State Government Affairs
Released February 9, 2006
HP applauds Secretary of Commerce Carlos Gutierrez and
Chairman Tom Davis (R-VA) for holding the important hearing
“Sharpening Our Edge: Staying Competitive in the 21st Century
Marketplace” today on American competitiveness. As President
Bush outlined in his State of the Union Address last week, and
Chairman Davis and Secretary Gutierrez highlighted today in
their joint press conference, maintaining America’s
competitiveness needs to be a top priority and this hearing is an
important first step in that direction.
As the global economy has become more competitive with India,
China and other emerging countries making significant
investments in education, technology, and research and
development, the United States needs to continue to increase its
investments in these important fields. The American
Competitiveness Initiative promotes these priorities by boosting
research and development funding, making permanent an
enhanced R&D tax credit, investing in math and science
education, and developing a well-trained workforce for the 21st
Century.
HP knows first hand the demands that the United States will have
to meet to remain competitive today and tomorrow in the global
marketplace. U.S. economic security cannot be secured by the
private sector alone, it will require a team effort of the
government and private sector.
HP is hopeful that lawmakers from both sides of the aisle will
work together toward implementing sound policies to invest in
America’s innovation leadership. HP looks forward to working
with lawmakers to make the proposals outlined in the American
Competitiveness Initiative a reality.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The
company’s offerings span IT infrastructure, global services, business and home computing,
and imaging and printing. For the four fiscal quarters ended Jan. 31, 2006, HP revenue
totaled $87.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
© 2006 Hewlett-Packard Development Company, L.P.
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