The Hill News

Isn’t it about time Congress stopped passing laws without knowing what impact passage will have on our economy? Here’s a case in point: the most dramatic of the “patent reform” provisions Congress is now considering, namely, the switch from granting patents to the “first to invent” to the “first to file.”

When a Congressman asked experts during a hearing last week about the impact of “first to file” legislation on the U.S. economy, the sobering answer was “No one knows.”

Here’s what I know: this change will cripple job creation in the United States and lead to even more economic advancement from our overseas competitors.

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