CBO scores PROTECT IP Act


The Hill
According to a Congressional Budget Office (CBO) estimate released this week, the PROTECT IP Act would cost the federal government $47 million through 2016… The U.S. Chamber of Commerce released a statement Thursday saying the measure would be worth its cost. “Given that America’s IP-intensive industries employ more than 19 million Americans and generate nearly $7.7 trillion in gross output, should Congress decide to provide more resources to the Justice Department, it will be a small price to pay to save American jobs and protect American consumers,” said Steve Tepp, the Chamber’s senior director for intellectual property enforcement…

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Global Innovation Policy Center (GIPC) @globalIPcenter 2h

“Undermining the protection of #IP — the cornerstone of American ingenuity — is not a solution to income or quality of life differences among countries. It would in fact just serve to make all future generations poorer.” https://t.co/JQfesaM3HQ

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