NASA intervention breeds bureaucracy and inhibits innovation Gingrich 11

(Newt, 58th Speaker of the United States House of Representatives from 1995 to 1999, 2012 Republican presidential candidate, fellow at American Enterprise Institute, fellow at Hoover Institution, New Hampshire GOP presidential primary debate, Newt Gingrich on Space Exploration: 'NASA Is Standing in the Way', Fox News, http://www.foxnews.com/scitech/2011/06/14/newt-gingrich-on-space-exploration-nasa-isstanding-in-way/) Well, sadly and I say this sadly, because I'm a big fan of going into space and I actually worked to get the shuttle program to survive at one point NASA has become an absolute case study
in why bureaucracy can't innovate. If you take all the money we've spent at NASA since we landed on the moon and you had applied that money for incentives to the private sector, we would today probably have a permanent station on the moon, three or four permanent stations in space, a new generation of lift vehicles. And instead what we've had is bureaucracy after bureaucracy after bureaucracy, and failure after failure. I think it's a

tragedy, because younger Americans ought to have the excitement of thinking that they, too, could be part of reaching out to a new frontier. You know, you'd asked earlier, John, about this idea of limits because we're a developed country. We're not a developed country. The scientific future is going to open up, and we're at the beginning of a whole new cycle of extraordinary opportunities. And, unfortunately, NASA is standing in the way of it, when NASA ought to be
getting out of the way and encouraging the private sector.

Private action alone is keygovernment intervention collapses the economy The Economist 9
(November 13, Space. the fiscal frontier, The Economist, http://www.economist.com/node/14742748)
There is no realistic alternative to private enterprise advancing the cause of space if you believe it is important for life as we know it to become multi-planetary. Only the private sector is capable of improving the cost and reliability of space transport to the degree necessary to establish self-sustaining life on Mars. At current public-sector costs and reliability, even if the world already possessed rockets and spacecraft that could take humans to Mars, we would bankrupt the global economy and suffer loss of life that is intolerable in the modern era. Some may be surprised to hear me assert that the commercial

sector would improve reliability so dramatically, thinking perhaps that companies would make unsafe decisions to achieve low cost. Not at allit is very unprofitable to kill customers! The airline and car industries are almost entirely private and both have incredibly impressive safety records. In fact, you may be surprised to learn that your probable lifespan would actually be higher if you lived every minute of it on a commercial airliner.

Privatization Popular PTX Tax credits for tech. companies are not unpopular Moore 11
Jack, writer for ExecutiveGov.com, March 11, Bipartisan Bill Would Make R&D Tax Credit Permanent, ExecutiveGov, http://www.executivegov.com/2011/03/bipartisan-bill-wouldmake-rd-tax-credit-permanent/
A bipartisan group of lawmakers has introduced a bill that would make permanent a research-and-development tax credit, a proposal for which the technology industry is lining up its support. Introduced by Rep. Kevin Brady (R-Texas), the bill boasts a bipartisan mix of co-sponsors, including Silicon Valley Democrat Anna Eshoo (D-Calif.), Doris Matsui (D-

Calif.), John Larson (D-Conn.), Erik Paulsen (R-Minn.) and Michael McCaul (R-Texas).

Tax credits dont cause controversyR&D tax credit proves Tung 11

Sarah, writer at the Washington Bureau, March 16, Texas lawmakers help in bid for research jobs, The Chronicle, http://www.chron.com/disp/story.mpl/chronicle/7475435.html
With the U.S. unemployment rate hovering around 9 percent, job creation is one of the rare issues that can cross party lines. A bipartisan group of lawmakers , including Texas Republican Reps. Kevin Brady and Michael McCaul, is pushing legislation designed to simplify and strengthen the research and development tax credit by increasing it from 14

percent to 20 percent and making it permanent for businesses and investors. Making the R&D tax credit permanent could be of special benefit to the state's energy industry - both fossil fuel and alternative energy - as well as Houston's medical research community and Texas high-tech companies. "America is the world's top innovator," said Brady, R-The Woodlands, chief author of the bill. "But our share of the world's research and development pie is shrinking." He said the U.S. needs to "make sure America is the first choice for R&D jobs." The American Research and Competitiveness Act of 2011 is co-sponsored by two California Democrats who represent hightech districts, Anna Eshoo and Doris Matsui, along with a member of the House Democratic leadership, John Larson of Connecticut, and Minnesota Republican Erick Paulsen. "This is an issue that is not partisan at all," Larson said. "This is an issue that cuts to the core of who we are as a nation - manufacturing is a part of our DNA."

Avoids politics tax credits bills passed in Congress Bloomberg 10 AP, Bloomberg, (September, 2010 Small Business Jobs Bill Tax Breaks, Credits, SBA Loans, and
Bonus Depreciation, http://www.savingtoinvest.com/2009/03/tax-breaks-in-obamas-15-billion-small.html) [Update Sep 2010] Following on from President Obamas

plans to help small business, Congress and the President have approved the Small Business Jobs Bill ( H.R. 5297) to cut taxes, provide more SBA funding and ease credit for small businesses (details below). The legislation would create a $30 billion lending program and provide small businesses with $12 billion in tax breaks, including more generous write-offs for equipment purchases. Reinvigorating our economy in the short run and rebuilding it over the long term is not a one-step
process, Obama said today. But this is a critically important one and I am grateful to those senators on the Republican side of the aisle willing to take this vote on behalf of Americas small- business owners. The lending program is designed to help small business owners who have seen the value of real estate and other types of loan collateral sapped by the recession. The $30 billion lending program would be reserved for banks with less than $10 billion in assets. The bill cut fees on loans offered through the governments Small Business Administration (SBA) and raises the limits on SBA loans from

$2 million to $5 million. The $30 billion lending program would work by creating a fund that directly invests in smaller local and community banks (<$10 billion in assets) through purchasing preferred stock, which returns between 1% to 7% in dividends to the government based on how effective their small

business lending programs are. For example, a bank that boosts their small business lending by 10% over last years levels
would only have to pay the government a 1% dividend. Whereas banks that do not increase their small business lending, could face a dividend repayment of up to 7%. The preferred stock return is also one way the government is able to ensure banks lend money (a major issue with the TARP bank bailouts) and also to pay for this lending program without significantly adding to the deficit.

Tax credit legislation for RD has been bipart in Congress

Tung 11 Sarah, //, (3-18-11, Lawmakers unite to make R&D tax credit permanent, http://articles.sfgate.com/2011-0318/business/29141148_1_r-d-tax-credit-credit-expansion-job-creation, Hearst Newspapers.) With the U.S. unemployment rate hovering around 9 percent, job creation is one of the rare issues that can cross party lines. A bipartisan group of lawmakers, including California Democratic Reps. Doris Matsui and Anna Eshoo, is pushing legislation

designed to simplify and strengthen the research and development tax credit by increasing it from 14 percent to 20 percent and making it permanent for businesses and investors. The legislation could be of particular benefit to Northern California's growing alternative energy industry and high-tech companies in Silicon Valley. "This is truly a bipartisan effort to restore our economy and create jobs for the American people," said Matsui,
D-Sacramento. The American Research and Competitiveness Act of 2011 is co-sponsored by House Democratic leader Rep. John Larson of Connecticut, as well as Minnesota Republican Erick Paulsen, and two Texas Republicans who represent high-tech districts, Kevin Brady and Michael McCaul. There are very few easy answers to improving the economic outlook

of our nation," said Eshoo, D-Palo Alto. "But updating the R&D tax credit is one of them." Since its

implementation in 1981, the expiration date for the R&D tax credit has been extended 14 times. It is set to expire at year-end. If passed, the legislation would cost about $100 billion over 10 years. President Obama's proposed 2012 budget supports making the R&D credit permanent and expanding it by 20 percent. "We punted this ball many times down the road," Matsui said at a news conference. "It's time now to get serious." By making the credit permanent, entrepreneurs and innovators will be

able to make long-term investment decisions for their businesses. Richer incentives for R&D would motivate companies to invest more in innovation. The expansion of the tax credit could "spur the creation of 162,000 jobs in the short run," according to a study released by the Information Technology and Innovation Fund in 2010. That group also estimated a credit expansion would lead to a $66 billion increase to the annual GDP and nearly 4,000 new American patents. Matsui said her district of Sacramento is fast becoming the "clean tech capital," with more than 200 clean energy companies based in the community. Sierra Energy, a small but growing company based in Davis, communicated the need to fully extend the R&D tax credit. For small companies trying to raise money for their technologies, private capital isn't always
readily available, said Michael Hart, president and CEO of Sierra Energy. That's where the government can step in. There is a gap, or "valley of death," between the research and development phases of innovation, according to Hart. "There's a ton of government money (through grants) out there for the 'R.' The problem is, development is where (money) actually matters." Tax credits can help encourage companies to cover that gap. With the expansion of tax credits, Sierra Energy will be

able to double its size to about two dozen people. And that's exactly what Matsui hopes will happen. This bill will help "the many small- and medium-sized businesses that are ready to lead our country toward continued economic prosperity," she said.

US commercial space growing

US commercial space launch is becoming competitive Moltz, 11 - Associate Professor Naval Postgraduate School (James, CQ Congressional Testimony, MILITARY AND CIVIL SPACE PROGRAMS IN CHINA, 5/11, lexis) Supporters of current restrictions also argue that the policy helps protect U.S. space launchers. Indeed, highly inflated costs for U.S. boosters have supported a few U.S. companies. But they have also hurt the U.S. space industry overall by reducing timely and affordable access to space. Fortunately, thanks to recent developments by such U.S. companies as SpaceX (with its Falcon 1 and 9 boosters), the U.S. launch services sector is becoming competitive on the international marketplace without the need to fall back on protectionism.