The Hill News

With the State of the Union upon us, Republicans and Democrats face a critically-important challenge that poses a genuine risk to our economy and stands to impact Americans’ competitiveness and overall quality of life. Stated simply, this challenge is how we best secure our nation’s global innovation leadership by turning a divided government into a dividend government.

One recent example â€" the formation of the President’s Council on Jobs and Competitiveness chaired by General Electric CEO Jeffrey Immelt â€" highlights the type of action America should be taking.

In a dividend government, we must directly challenge ourselves to identify which areas provide the most return on taxpayers’ investment in terms of value: job creation, long-term prosperity, economic growth and global competitiveness. Smart prioritization is key.

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