February 17, 2012

Washington, D.C. (February 17, 2012) – Today Dean Garfield, President and CEO of the Information Technology Industry Council (ITI), issued the following statement upon passage of the Payroll Tax Agreement in support of the included spectrum provisions:
"Spectrum has the awesome power to spur innovation, reduce the deficit and create jobs . Sadly, it has thus far been unable to entirely fulfill that potential. The inclusion of incentive auctions legislation in the Payroll Tax Agreement will enable innovators and job creators to capitalize on the power of spectrum and overcome numerous obstacles that has prevented it from doing so in the past," Garfield said.

"The passage of this bill by strong bipartisan votes is a choice by the federal government to invest in innovation as a source of economic growth, a decision that will result in the creation of countless jobs. The note of support toward innovators will serve to advance American technologies and inventions. And the direct monetary influx from spectrum auctions can go directly to combatting the deficit. Passing incentive auctions is a win for everyone – government, business and individuals."

About ITI
The Information Technology Industry Council (ITI) is the premier voice, advocate, and thought leader for the information and communications technology (ICT) industry. ITI is widely recognized as the tech industry's most effective advocacy organization in Washington D.C., and in various foreign capitals around the world.
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