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Math and Science Funding Vital for Future U.S. Competitiveness

August 9, 2007
at 12:00 pm PST

President Bush today signed into law the America COMPETES Act, which, according to the White House is a "comprehensive strategy to keep America the most innovative nation in the world by strengthening our scientific education and research, improving our technological enterprise, attracting the world's best and brightest workers, and providing 21st century job training."Then-Cisco Chairman of the Board John Morgridge testified before the House Science Committee in the last session of Congress on these very principles and Cisco has supported more funding for math and science training for years.After the bill was signed into law by President Bush, Cisco Chairman and CEO John Chambers stated, "One of the most important economic policy issues today is helping our nation remain the global leader in innovation, particularly through robust broadband deployment, math and science education, and resources dedicated to leading-edge research. We believe this compromise provides a strategic roadmap to ensure America remains the leader in the world economy. We applaud the leadership of Speaker Nancy Pelosi, Majority Leader Harry Reid and Minority Leader Mitch McConnell and their steadfast support of this vital measure to create tomorrow's scientific advancement."

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