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…
