Federal Research and Development Funding: FY2014
Abstract
Congress has received President Obama s budget request for FY2014, which includes $142.773 billion for research and development (R&D), a $1.861 billion (1.3%) increase from the FY2012 actual funding level of $140.912 billion. The request represents the President s R&D priorities; Congress may opt to agree with part or all of the request, or may express different priorities through the appropriations process. In particular, Congress will play a central role in determining the extent to which the federal R&D investment can grow in the context of increased pressure on discretionary spending and how available funding will be prioritized and allocated. Low or negative growth in the overall R&D investment may require movement of resources across disciplines, programs, or agencies to address priorities. Funding for R&D is highly concentrated in a few departments. Under President Obama s FY2014 budget request, seven federal agencies would receive 95.3% of total federal R&D funding, with the Department of Defense (47.8%) and the Department of Health and Human Services (22.4%, primarily for the National Institutes of Health) accounting for more than 70% of all federal R&D funding. Among the largest changes proposed in the President s request, the R&D budget of the Department of Defense would fall by $4.625 billion (6.3%), while R&D funding for the Department of Commerce s National Institute of Standards and Technology (NIST) would increase by $1.428 billion. The NIST growth is fueled by increases in funding for its core research laboratories and by the establishment of the National Network for Manufacturing Innovation with $1 billion in mandatory funding. The NNMI seeks to promote the development of manufacturing technologies with broad applications.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 30, 2013
- Accession Number
- ADA589969
Entities
People
- John F. Sargent
Organizations
- Library of Congress