Thank you to all our witnesses for sharing your testimony today. And Doctor Clancy, I agree with you that we must protect intellectual property, especially with the critical emerging technologies. Many of these new technologies are being developed in my state of California. As a member of Ways and Means Committee, I have been fighting hard to allow us companies to expense their R and D. (00:17–00:22)
CLAIM
Asserts that many new technologies are being developed in California.
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