Now that Congress has finally resolved the crisis over the debt ceiling, it’s time for them to go on their annual month-long vacation. When they return, they plan to take up the House patent reform bill first. From the sound of it, they plan to simply vote on the problem-filled bill passed by the House in June.
Senate Majority Leader Harry Reid (D-NV) planned to file cloture on the bill on Tuesday, thereby permitting floor action when the Senate reconvenes on September 6. This would seem to limit debate on the measure and only permit consideration of the House bill.
Meanwhile, President Obama also continues to push for passage.
Through patent reform, we can cut the red tape that stops too many inventors and entrepreneurs from quickly turning new ideas into thriving businesses—which holds our whole economy back.
Sen. Reid and Sen. Patrick Leahy (D-VT) said the patent reform bill will create 200,000 jobs. I’d love to see where that number comes from.