Page 15 - Lincoln Diaz Balart News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the speaker pro tempore: the gentleman is recognized for two minutes. mr. murphy: thank you, mr. speaker, thank you, chairman mollohan, i appreciate your leadership on this issue and allowing me to partner with you on this important piece of legislation. mr. speaker, we need to continue to get our economy back on the right track. this bill is about boosting american technology and innovation. it s about making things in america again. right now, at an office building outside of washington, d.c., over a million patent applications sit gathering dust. hundreds of thousands have yet to be looked at for the first time. those applications could be the next iphone, inext netbook or the next google. but the agency tasked with reviewing those applications can t keep up so they sit and they sit, often for years. in fact, the average time that it takes a patent to be approved is about 30 months. but when you consider that today technologies often become obsolete within 18 months or les

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