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Senator Baldwin Revives Bill to Boost R&D for Startups

5/10/2025

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Summary

Story summary

U.S. Senator Tammy Baldwin has reintroduced the American Innovation and Jobs Act, a bipartisan effort designed to supercharge small businesses' research and development investments. With support from 33 co-sponsors, the bill seeks to expand tax incentives, restore full R&D expense deductions, and bolster startups, fueling American innovation in the face of global competition.

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Story summary

U.S. Senator Tammy Baldwin has reintroduced the American Innovation and Jobs Act, a bipartisan effort designed to supercharge small businesses' research and development investments. With support from 33 co-sponsors, the bill seeks to expand tax incentives, restore full R&D expense deductions, and bolster startups, fueling American innovation in the face of global competition.