Senator Amy Klobuchar was in Minneapolis for what was billed as an Innovation Summit at the University of Minnesota on Tuesday. According to the Senator’s office, the summit was an opportunity to share information about how the public and private sectors can team up to strengthen the economy by revitalizing American innovation and promoting products abroad.
Senator Klobuchar also used the occasion to outline what was termed as a comprehensive package of legislation she will introduce to strengthen America’s ability to innovate and compete for long-term economic growth and job creation. (As of this writing, no specifics of that package have been provided by the Senator’s office.)
In the short term, Klobuchar said, “We need to deliver a series of targeted tax breaks and regulatory reforms designed to galvanize the private sector and unleash a fresh wave of invention, entrepreneurship, and exports.”
In the long term, she added, “We need to help secure our standing in the global economy, lay the groundwork for future innovation by improving science, technology, engineering, and math education; cut red tape; and increase the ability of our businesses to attract and retain the world’s brightest scientists, engineers, and researchers.”
We look forward to hearing more specifics from the Senator and applaud her efforts to re-energize innovation nationally and can think of no better place than Minnesota from which to start.