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A Capitol Hill Perspective on the Federal R&D Budget for 2005 |
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by Johannes Loschnigg
Federal funding for science and
technology (S&T) research and development (R&D) is vital for
our nation’s economic growth and national security. It is through these
investments in our nation’s future that we ensure our ability to remain
competitive in an increasingly globalized economy. Recently the
Administration released their federal budget for fiscal year 2005.
Although the budget proposes large increases in R&D for defense and
homeland security, these increases hide the fact that funding for basic
S&T research will, in fact, remain flat or actually decrease. Large
federal budget deficits are projected for the next several years,
resulting in tight constraints on discretionary spending. This will
mean that most federal R&D programs would have difficulty even
maintaining current funding levels. Few programs would see their
budgets increase above the current inflation rate of 1.3 percent.
Although the request for total federal R&D in FY05 is $5.9 billion
or 4.7 percent more than FY04 (for a total of $131.9 billion), most of
the increase would go to Department of Defense (DOD) development
programs and R&D in the new Department of Homeland Security (DHS),
leaving many other federal R&D programs collectively with flat or
declining funding.
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