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John Doerr, John Chambers; Illustration: Rebecca Zisser / Axios

For the past 20 years, Cisco Chairman John Chambers and Kleiner Perkins Chairman John Doerr have been bringing tech execs to Washington to meet with government officials about the issues Silicon Valley cares about, like corporate tax reform, high-skilled immigration and science education.

The biggest game-changer over the past two decades? Trump.

Between the lines: Despite the tech industry's overall skeptical view of Trump, two longtime Silicon Valley leaders see positive momentum for driving pro-business policies that will spur startup investment and, most of all, jobs.

"We realize we have to change — I think Republicans and Democrats know it. And we've finally got somebody who's going to be bold and go for it.... We've been through three presidencies in the past 20 years trying to get corporate tax rate changes. At least we're starting to move. The scary part is our counterparts around the world are moving much faster." — John Chambers

Chambers and Doerr said they're most optimistic about:

  • Slashing corporate tax rates and bringing back overseas tax dollars
  • Infrastructure package that includes broadband expansion funding
  • High-skilled immigration that gives preference to foreign nationals who get advanced U.S. degrees in science or technology

Where there's still a lot of work to do:

  • Increasing computer science and technology education for K-12 students
  • Startup-friendly policies that help more entrepreneurs get funded and go public to drive GDP growth and jobs.
  • Modernizing government

Startups will be the major source of job growth. Generating 25-30 million jobs over the next 10 years will require 300-500 IPOs on the Nasdaq alone, Chambers said. Last year, there were only 90. "It's doable, but only if you get the startup engine moving dramatically faster," he said.

Go deeper

Biden explains justification for Syria strike in letter to Congress

Photo: Chris Kleponis/CNP/Bloomberg via Getty Images

President Biden told congressional leadership in a letter Saturday that this week's airstrike against facilities in Syria linked to Iranian-backed militia groups was consistent with the U.S. right to self-defense.

Why it matters: Some Democrats, including Sens. Tim Kaine (D-Va.) and Chris Murphy (D-Conn.) and Rep. Ro Khanna (D-Calif.), have criticized the Biden administration for the strike and demanded a briefing.

6 hours ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.

Updated 6 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios