And as part of the recovery plan, were making a historic commitment to innovation. The Recovery Act creates jobs doubling our capacity to generate renewable energy; building a new smart grid that carry electricity from coast to coast; laying down broadband lines and high-speed rail lines; and providing the largest boost in basic research in history to ensure that America leads in the breakthrough discoveries of the new century, just as we led in the last. Because thats what we do best in America—we turn ideas into inventions, and inventions into industries. Now, history should be our guide. The United States led the worlds economies in the 20th Century because we led the world in innovation. Today, the competition is keener; the challenge is tougher; and thats why innovation is more important than ever. Thats the key to good, new jobs in the 21st Century. Thats how we will ensure a high quality of life for this generation and future generations. With these investments, were planting the seeds of progress for our country, and good-paying, private-sector jobs for the American people.