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Fact Sheet: Amidst Manufacturing Boom, President Biden Will Sign an Executive Order on Federal Research and Development in Support of Domestic Manufacturing and United States Jobs to Encourage “Invent it Here, Make it Here” in Industries of the Future

Excerpt:  “Bidenomics is mobilizing historic levels of private sector investment in the United States, supporting American innovation and research and development (R&D), strengthening domestic manufacturing after decades of offshoring, and creating new, good-paying jobs, including union jobs and jobs that don’t require a college degree. Over the last several decades, American workers, researchers and companies have created and commercialized many of the world’s most important technologies. However, many innovative technologies have ended up being manufactured elsewhere, even when the research behind those inventions has been funded with taxpayer dollars and can be manufactured domestically. On Friday, July 28, President Biden will sign an Executive Order to prioritize America’s policy of ‘invent it here, make it here’—to the benefit of American workers, communities, and global supply chain resilience.”