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IP: BUDGET DEAL: ANOTHER FIVE YEARS OF CUTS IN SCIENCE
From: David Farber <farber () cis upenn edu>
Date: Fri, 23 May 1997 16:39:42 -0400
1. BUDGET DEAL: ANOTHER FIVE YEARS OF CUTS IN SCIENCE FUNDING? It looks like a done deal. The House and Senate failed to reach a final agreement before the Memorial Day break. Differences are small, but reconciliation will have to wait. As it stands, the agreement is bad news for science. Budget Function 250, General Science, Space and Technology, would drop 7% by 2002, the year the budget is supposed to be in balance. That's on top of the 7% cut in science spending over the past five years. It came down to a choice between investment and tax cuts. George Brown's "Investment Budget" (WN 28 Mar 97), which called for annual increases of 5% in research, but no tax cuts, was offered in the House as a substitute; it was defeated 91-339. Meanwhile, a General Accounting Office report was released showing that investment in research, infrastructure and education has already dropped from 2.6% of the GDP in 1981 to 1.9% in 1996.
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- IP: BUDGET DEAL: ANOTHER FIVE YEARS OF CUTS IN SCIENCE David Farber (May 23)