Monday, March 9, 2009

Nextgov - Tech group hails $100 billion stimulus spending on IT

A leading technology lobbying group welcomed the billions of dollars in stimulus funds for technology, but denounced a clause in the law that would restrict the ability of companies receiving federal bailout funds from hiring highly skilled foreign workers.

Officials with TechAmerica praised President Obama's technology agenda and said their estimate of the $100 billion in IT funds included in the stimulus package would encourage the long-term growth of the U.S. technology industry.

"Technology is the driving force in the economy," said Chris Hansen, chief executive officer of TechAmerica, "I think President Obama gets it. He understands technology. Technology will make our whole economy competitive."
Nextgov - Tech group hails $100 billion stimulus spending on IT

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