R&D Budgets - White House Office of Science and Technology
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The President’s 2012 Budget proposes $147.9 billion for the Federal investment in research and development (see Table 1). Within a fiscally responsible budget that reduces projected deficits and freezes overall non-security discretionary spending at 2010 levels for five years, Federal R&D increases $772 million or 0.5 percent over the 2010 enacted level. The 2012 Budget sets priorities and makes tough choices within tight fiscal constraints to make room for high-priority investments in education, innovation, and infrastructure. In that spirit, the 2012 Budget proposes a decline in defense-related development but proposes non-defense R&D of $66.8 billion, an increase of $4.1 billion or 6.5 percent over the 2010 enacted level. (Again, all comparisons are between the 2012 Budget and 2010 appropriations and are in current, not- adjusted-for-inflation dollars.)
The 2012 Budget recognizes the role of government in fostering groundbreaking scientific and technological breakthroughs with a special emphasis on basic and applied research to fundamentally improve our understanding of nature, revolutionize key fields of science, and boost long-term economic growth and quality of life through new technologies. The Federal research portfolio (comprising basic and applied research) totals $66.1 billion in the 2012 Budget (see Figure 1 and Table 3), up $6.9 billion or 11.6 percent compared to the 2010 enacted level.