Bush speech - American Competitiveness Initiative to support research and improve math and science education

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Bush gives speech at 3M. PresidentBush Thursday said Americans should not fear globalcompetition from rising economic powers like China and India,and called on Congress to allow more foreign workers to fillhigh-tech jobs in the United States. (In-sourcing?) In a trip to the Midwest Bush expanded on the election-yeartheme set in his State of the Union address that America mustmaintain its competitive edge in a global economy. He hasproposed a program to support research and development in newtechnologies, and improve science and math education. Bush is proposing a $5.9 billion "American CompetitivenessInitiative" that includes $1.3 billion in new federal fundingand an additional $4.6 billion in research and development taxincentives. The program aims to support science research andimprove math and science education. To fill vacant high-tech jobs in the United States, Bushcalled on Congress to lift the current limit on H-1B visas thatallow foreign workers to get jobs in the United States.

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