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Task Force on American Innovation Letter to OMB Director

Investments are essential to building and sustaining successful enterprises. Similarly, federal investments in basic research are vital to our nation’s science, technology, innovation,and manufacturing sectors. Only the federal government has the long-term horizon and resources to invest in basic research that will pay dividends ten or more years in the future in the form of discoveries, processes, and knowledge that can lead to new products, services, industries, and jobs.

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