Double Federal Funding for Basic Science Research Over 10 years

Promise in the Works President Obama is working on the following promise:

Will "support doubling federal funding for basic research over ten years, changing the posture of our federal government…to one that embraces science and technology. This will foster home-grown innovation, help ensure the competitiveness of US technology-based businesses, and ensure that 21st century jobs can and will grow in America." — "Barack Obama: Science, Technology and Innovation for a New Generation"

Source: http://www.barackobama.com/issues/technology/

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UPDATES:

Updated: January 16, 2009

Potentially billions for science

Certainly no one is happy that the U.S. economy is in such bad shape that policymakers are talking about a stimulus plan that could cost more than $500 billion. But an unintended benefit for Barack Obama is that the bill gives him a chance to make good on a number of his more expensive campaign promises.

Obama discussed the broad outline of his hopes for the bill in a speech at George Mason University on Jan. 8, 2009.

"It is not just another public-works program," Obama said. "It's a plan that recognizes both the paradox and the promise of this moment — the fact that there are millions of Americans trying to find work even as all around the country there's so much work to be done. That's why we'll invest in priorities like energy and education; health care and a new infrastructure that are necessary to keep us strong and competitive in the 21st century."

Democrats in the U.S. House released a broad outline of what they hope to include in the 2009 stimulus bill and it contained many ideas Obama promised during the campaign, including a big chunk for basic research.

We're not sure how far the new proposal goes toward doubling federal funding for basic research. But it directs $10 billion toward science, including $2.5 billion for basic research. That's a start. And it's enough for us to move the Obameter from No Action to In the Works.

Sources:

We're not sure how far the new proposal goes toward doubling federal funding for basic research. But it does send a huge chunk of change that way. The proposal directs $10 billion toward science, including $2.5 billion for basic research.


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