Bush 2008 budget: more bad news for R & D

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Date: Spring 2007
From: Issues in Science and Technology(Vol. 23, Issue 3)
Publisher: National Academy of Sciences
Document Type: Article
Length: 615 words
Lexile Measure: 1650L

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On February 5, President Bush released his budget for fiscal year (FY) 2008, just as the new Democratic majority in Congress was racing to complete work on the FY 2007 budget. Although the president's proposal contains more bleak news for most R & D agencies, the final FY 2007 budget contains a few pleasant surprises.

The president's budget includes themes from previous budgets, with large proposed increases for the three physical sciences agencies in the president's American Competitiveness Initiative (ACI), increases for weapons and human spacecraft development, and declining funding for the rest of the federal R & D portfolio.

Within an overall budget that once again proposes to restrain domestic spending but dramatically increase defense spending, many agencies, including the National Institutes of Health (NIH), would see their R & D funding fall. The overall federal investment in R & D would increase 1.4% to $143 billion, but development funding would take...

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Gale Document Number: GALE|A162512370