How Will the Fiscal Cliff Impact Our Innovation Economy?

Rebecca Bagley, President and CEO of Nortech and Business Forward participant, suggests that the sequester would seriously stunt innovation and tech global competitiveness. Read her blog, which initially appeared in Forbes, below: It is hard to hear a newscast these days without some mention of the impending fiscal cliff. By the end of the year, we could be facing a ‘perfect storm’ of tax cuts, tax breaks and spending cuts that will have a significant impact on the U.S. economic recovery,...

San Diegans must work together to soften ‘fiscal cliff’ blow

I was in the White House in early December for discussions regarding the federal budget and sequestration. These issues will have a significant impact on the national economy and on San Diego. I was reminded that San Diego needs a stronger voice in our nation’s capital on issues that impact our region. If Congress doesn’t act by the end of this year, a series of automatic changes to the tax code and the federal budget — collectively called the “fiscal cliff” and sequestration —...