Silicon Valley Leadership Group Outlines State Budget Policy Priorities to Boost Recovery and Competitiveness Efforts

Leadership Group Focused on Regional Housing Affordability, Transit & Infrastructure, Education, Climate, and Competitiveness Initiatives

San Jose, CA, May 21, 2021: Mike Mielke, Head of Public Policy for the Silicon Valley Leadership Group, issued the following statement today in response to the release of Governor’s Newsom revised budget for FY 2021-22:

“The Silicon Valley Leadership Group and our more than 350 members are focused on improving the business competitiveness and quality of life in Silicon Valley. As we navigate the state’s economic recovery, we are prioritizing policies and measures that will stimulate greater innovation and job creation, accelerate more affordable and sustainable housing developments, improve California’s educational system, diversify the talent pipeline, invest in energy efficiency and decarbonized transit infrastructure projects, and foster greater climate resiliency and greenhouse gas reduction efforts. 

What’s more, as we look to help ensure a robust economic recovery, it is more important than ever for California to provide a stable and competitive tax environment to encourage investment and job creation here so that Silicon Valley may remain the world’s leading hub of innovation.”

A copy of the Leadership Group’s letter outlining its updated budget priorities can be accessed here.

About the Silicon Valley Leadership Group

The Leadership Group is a business organization of hundreds of Silicon Valley’s most dynamic companies working to shape the innovation economy of California and the nation. Founded by David Packard of Hewlett-Packard, for over 40 years the SVLG has worked to address issues that affect the region’s economic health and quality of life. Today the SVLG Is focused on economic competitiveness with a special focus on diversity & inclusion, climate change and infrastructure. SVLG members collectively provide nearly one of every three private sector jobs in Silicon Valley and contribute more than $3 trillion to the worldwide economy. For more information, visit svlg.org.

Media Contact:

Laura Wilkinson

[email protected]

415-713-9288

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