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CANDIDATE RESPONDS TO THE IEEE: CLINTON ENDORSES 'CIVILIAN DARPA' TO HELP LAUNCH NEW GROWTH INDUSTRIES

CANDIDATE RESPONDS TO THE IEEE: CLINTON ENDORSES 'CIVILIAN DARPA'
 TO HELP LAUNCH NEW GROWTH INDUSTRIES
 WASHINGTON, Sept. 8 /PRNewswire/ -- Democratic Presidential Candidate Bill Clinton said his administration will create a non-military version of the Defense Advanced Research Projects Agency (DARPA) to help companies develop innovative technologies and bring new products to market.
 In a statement earlier this summer to the nation's electrotechnology engineers, Clinton said the "civilian DARPA" would provide support for technologies identified as the basis for launching new growth industries and revitalizing traditional ones. He added the new agency would encourage and promote collaborative efforts among firms and research institutes similar to the Pentagon's approach toward defense technologies for the past 40 years.
 Clinton promised to make the R&D tax credit permanent and to create an investment tax credit. He also called for a new enterprise tax cut that rewards those who invest in new businesses that create new jobs.
 Clinton's comments came in response to a questionnaire to the U.S. presidential candidates from the United States Activities unit of The Institute of Electrical and Electronics Engineers, Inc. (IEEE).
 Clinton said his programs would revitalize the U.S. position in world economic competition by enabling individuals and businesses to become more productive. He noted: "Our productivity and income have been growing so slowly because we've stopped investing in the economic infrastructure that binds our markets and businesses together. As a nation, we're spending more on the present and the past and building less for the future."
 He said the Clinton administration will double the rate of spending on investment, which currently represent 9 percent of government spending. "We will pay for it by diverting resources no longer needed for defense," he pledged, ensuring that every dollar taken from military R&D will go into research and development for civilian technologies.
 For small manufacturers hit by cuts in defense spending, Clinton advocates a new government service -- modeled on the Agricultural Extension Service -- to provide technical expertise to assist in converting to commercial production.
 He also called for stronger trade laws to open up markets now closed to American products, a high-speed rail network linking the nation's major cities and a nationwide fiber optics information system.
 Clinton cautioned, however, that such investments would be meaningless if U.S. workers do not have the education and skills to take advantage of the new opportunities. He repeated many of his ideas for improvements in education, including a nationwide apprenticeship program for young people who choose not to go to college and a national trust fund for college loans for those who do. He said graduates could repay loans by a small percentage of their income over time or through a period of national service.
 -0- 9/8/92
 /NOTE: For copies of the IEEE-USA questionnaire, the Clinton response and the IEEE-USA statement on technology policy priorities to the party platform committees, contact IEEE Public Relations in Washington: telephone, 202-785-0017; facsimile, 202-785-0835./
 /CONTACT: Pender M. McCarter of IEEE, 202-785-0017/ CO: The Institute of Electrical and Electronics Engineers, Inc. ST: District of Columbia IN: CPR SU: CPN


DC -- DC002 -- 6893 09/08/92 10:04 EDT
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Date:Sep 8, 1992
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