President Obama has long been pushing patent reform as a vehicle for job creation, and on Friday he was finally able to sign a major overhaul bill that had been kicking around Congress for months into law.
The story from The CNN WIRE:
(CNN) - President Barack Obama signed legislation Friday that will overhaul the U.S. patent system for the first time since 1952.
"We have to do everything we can to encourage the entrepreneurial spirit wherever we find it," Obama said at a signing ceremony at a high school in Arlington, Virginia. This measure "cuts away the red tape that slows down our inventors and entrepreneurs."
Obama used the occasion to promote his $447 billion jobs plan, calling patent reform a "part of our (larger) agenda for making us competitive over the long term."
If nothing else, perhaps the bill is proof our divided government CAN still pass a bill.