The American Competes Act--which stands for Creating Opportunities to Meaningfully Promote Excellence in Technology, Education and Science--was co-sponsored by Senator John Cornyn of Texas. He says we can admit more foreign nationals for labor, see more jobs go to other countries, or we can grow more domestic talent at home.
"This grew out of a National Academy of Sciences study that basically answered the question 'what does America need to do to be more competitive in a global economy?' and this legislation was based on the results of that report."
Senator Cornyn says the grant funding is for attracting science, math and technology teachers, as well as help students study in those areas.
"Well, I think what we'll see is incentives for more teachers to dedicate themselves to teaching in these areas because there'll be grants, there'll be financial incentives for them to do that. And then I think it will provide the financial support and encouragement for those students who have perhaps an aptitude or interest in those areas to study. In the end, it's to try to provide the carrot, so to speak, to encourage more people to both teach and study in those areas."
Cornyn says this is perhaps the most significant piece of legislation that few people will hear about. Ed Mayberry, Houston Public Radio News.