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US Congress urged to invest $30bn in IT infrastructure

The US Congress is being urged by an IT thinktank to allocate $30bn to IT infrastructure this year to create or retain nearly 1 million jobs.

President-elect...

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The US Congress is being urged by an IT thinktank to allocate $30bn to IT infrastructure this year to create or...

retain nearly 1 million jobs.

President-elect Barack Obama has already said he sees high-tech industries as the key to bringing the US out of recession, and he has proposed a general $775bn economic stimulus plan.

The Information Technology and Innovation Foundation is now urging Obama to allocate $30bn of this to IT.

The Foundation's report, "The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalise America", says that pumping $30bn into America's IT infrastructure this year would create 949,000 jobs.

Key areas for investment would be broadband networks, health IT and smart power grids.

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