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Biden pushes for increased innovation to keep U.S. competitive

During his joint address to Congress on Wednesday evening, President Biden called for the U.S. to increase its investment in technology to keep competitive on the global stage in the decades to come.

Why it matters: Biden stressed that China and other nations are poised to overtake the U.S. in ambition and framed his American Jobs Plan as a possible solution, by increasing "non-defense research and development."

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