Must remain at the heart of the fcos work and our diplomacy. The Prime Minister and the chancellor have said many times that you cant be a strong country unless you have a Strong Economy. You cant have a Strong Defense unless you have a Strong Economy to underpin it. The Foreign Office is an important part of the agenda. Ive said many times and ill say again today that the role of the Foreign Office, paid for by british taxpayers must be to protect britains security, to promote britains prosperity and to project britains values around the world. If we do these three things successfully, well deliver our obligations to the taxpayers who fund this. We want to be a major player on the world stage. The Prime Minister signaled very clearly that britain is not in retreat, that we will play our role in keeping the world safe and supporting our own allies prosperity. That means rebuilding the office to ensure the best in the world that my predecessor started ensuring that Foreign Policy is mad
World. And the evidence is that these patent Innovation Box policies are not very good at that because what theyre targeting is the income generated from the patents rather than the research that leads to them. This is true of lots of r d tax credits. In holland they just designed one which is quite intelligent, i think, because it targets the research that leads to the r d. So the labor hired rather than the income generated from that r d. But i think we should remember that, for example, the act which in 1980 allowed publicly funded research to be patented. If you read that act, its really interesting. They also say we better make sure that the taxpayer doesnt pay twice, right . So just like year, i think the nih spent arounded 39 billion in research, both basic and applied. And the problem is what happens to the prices of these drugs . Do they reflect that input . So its not only and ive been reading a lot about this, but the pricing mechanism itself could be one way to be rewarded
Night in september. Order, order. The meeting is now adjourned. Up next on cspan3 a hearing on Internet Technology privacy and intellectual property. Discussion on federal investments and scientific research. Later, the director of the federal air marshal service. After that, a conversation with transportation secretary anthony fox. When congress is in session, cspan3 brings you more of the best access to congress with live coverage of hearings news conferences and key Public Affairs events. And every weekend its American History tv traveling to historic sites, discussions with authors and historians and eyewitness accounts of events that define the nation. Cspan3, coverage of congress, and American History tv. Next, officials from Technology Companies and associations testify about new Internet Technologies and the potential impact on consumers and businesses. They talk about the implications of automobile Security Systems and even Household Appliances becoming connected to the intern
Now that is 10 trillion. So there are not many places you can say i can take 10 trillion out of the spending stream to keep you healthier. Let me follow up on this now speaker gingrich. You are a conservative and as a result may have credibility than i do in some circumstances on the question on the role of government here. Why isnt it enough to count on private industry to do this . Why do we have to have a substantial investment from the federal government . Its a question about American History. [ inaudible ] and i are developing a project on why George Washington matters. And people dont often notice that the Founding Fathers wrote into the constitute a Patent Office because they so deeply believed in the future. They made investments. The First Federal highway was built during washingtons lifetime. They believed in improving things. They talked about them as improvements. Jefferson launched an expedition to the west and there was a Childrens Book on this called from sea to shining
Catastrophic mass mortality disease outbreak could have profound implications for counties, for the state. The North Carolina poultry industry is responsible for as much as 34 billion in total Economic Activity and creates supports as many as 109,000 jobs. North carolina has a long standing commitment to agriculture and has responded to and recovered from agriculture disasters in the past drought disease and weather events but unprecedented in potential to impact our state and the entire southeast. The department and partners are committed to preparing for and responding to this disease should it arrive on the wings of migratory birds this fall. If successful will minimize impact on poultry on economy and citizens of our state. I am prepared to answer any questions you might have. Thank you very much. Mr. Chair and members of the committee, my name is bill hartman, executive director of board of Animal Health and state veterinarian in minnesota. I want to thank you for providing me wit