S.Amdt. 3060

1. Inserts new text wherever appropriate

   Inserts

   Inserted: SEC. .--SENSE OF THE SENATE ON AMERICA'S ECONOMIC COMPETITIVENESS.

   Inserted: (a) Findings.--The Senate finds that--

   Inserted: (1) America faces serious education challenges, including--

   Inserted: (A) inadequate access to essential quality early education;

   Inserted: (B) poor science, mathematics, and reading scores in elementary and high school;

   Inserted: (C) decreased access to higher education; and

   Inserted: (D) a critical shortage of qualified science and engineering graduates;

   Inserted: (2) America faces rapidly mounting health care costs and deteriorating access for Americans in need of medical care, hurting American companies' competitiveness and endangering our citizens' health and wellness;

   Inserted: (3) America has become too dependent on foreign sources of increasingly expensive non-renewable energy, hurting our companies' economic competitiveness, threatening our environment, and exacerbating our trade deficit;

   Inserted: (4) America faces a private and public savings crisis not seen since the Great Depression, resulting in fewer funds for productive investment, record indebtedness, and domestic and international economic imbalances;

   Inserted: (5) America has neglected innovation by failing to dedicate adequate resources to basic research, threatening present and future creative industries;

   Inserted: (6) American companies and workers engaged in international trade too often face discrimination and poor enforcement of trade and investment laws in foreign markets, deteriorating their ability to compete; and

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   Inserted: (7) America's system of international taxation places American companies at a strategic disadvantage relative to foreign companies.

   Inserted: (b) Sense of the Senate.--It is the sense of the Senate that the budget should include funding for--

   Inserted: (1) Education.--An education initiative to support programs--

   Inserted: (A) to prepare and adequately remunerate future teachers of early education, mathematics, sciences, and foreign languages;

   Inserted: (B) to provide matching funds to states for universal voluntary early education;

   Inserted: (C) to provide enrichment, mentoring, and science and technology programs for middle schools;

   Inserted: (D) to provide high school students science and engineering summer programs;

   Inserted: (E) to make saving for college easier;

   Inserted: (F) to restore the GEAR UP program for college-bound low-income students;

   Inserted: (G) to provide 600 science and engineering scholarships;

   Inserted: (H) to restore our commitment to Indian education through the Johnson O'Malley grants and tribal colleges and universities; and

   Inserted: (I) to increase the deduction for employer-provided education programs;

   Inserted: (2) Health care.--

   Inserted: (A) innovative initiatives to reduce the rate of growth in health care costs and improve the quality of care in both the private and public sectors, without undermining access to care, such as paying for performance, promoting health information technology, and investing in comparative clinical effectiveness;

   Inserted: (B) a serious, collective debate about how to ensure that every American has health care coverage;

   Inserted: (C) initiatives to strengthen and preserve our nation's health care safety net programs for future generations of the most vulnerable among us; and

   Inserted: (D) initiatives that will promote a healthy workforce for a stronger America;

   Inserted: (3) Energy.--

   Inserted: (A) extending tax incentives for renewable energy; and

   Inserted: (B) a program to create an independent agency for advanced energy research;

   Inserted: (4) Saving.--making the Saver's Credit permanent;

   Inserted: (5) Research.--

   Inserted: (A) making permanent the research and development tax credit;

   Inserted: (B) a program for public-private consortia for basic research; and

   Inserted: (C) fully funding the National Science Foundation as foreseen in the National Science Foundation Act of 2002;

   Inserted: (6) Trade.--

   Inserted: (A) a Chief Trade Enforcement Officer in the Office of the United States Trade Representative; and

   Inserted: (B) additional resources for trade enforcement; and

   Inserted: (7) Tax.--An initiative to reform international tax rules that are too arcane and complex so that American multinational businesses may be more competitive globally.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

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As printed