ITIF Releases New Report Analyzing Impact of Heritage Foundation’s Budget Blueprint on U.S. Growth If Adopted by Trump Administration

Amid news reports that the Trump administration is considering a budget blueprint developed by the conservative Heritage Foundation to slash trillions of dollars of federal spending, the Information Technology and Innovation Foundation (ITIF) today warned that key aspects of the Heritage plan are premised on erroneous assumptions, empirical inaccuracies, and misguided leaps of logic, and adopting these particular proposals would severely harm U.S. innovation, productivity, and competitiveness.

ITIF, the top-ranked science and technology think tank in North America, concluded in its analysis that the country has suffered for more than a decade from chronic underinvestment in foundational areas such as science, technology, education, and…

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