Reduction in expenditure was crucial to gaining Republican support to raise the debt ceiling.
The cut in federal spending in 2011 saw the U.S. spend an estimated $240 billion less on scientific research over the next nine years, asaid. At current budget levels, this is equivalent to the amount of money the National Institutes of Health spends in five years.
The recent bill paves the way for an even greater reduction in discretionary spending, estimated to be around $3.5 trillion over the coming decade. If Congress were to allocate it evenly across its agencies and programs, it would result in a reduction of $442 billion in scientific investments over the next decade.Limiting discretionary spending to one percent growth in 2025 effectively means that there will be a budget cut since the inflation will be much higher.
With the Republicans asking for defense spending to be excluded from these cuts, the pinch felt by the NIH and National Science Foundation could be much greater. The move also comes at a time when the NSF has already received fewer funds than allocated. In 2023, the NSF received $9.87 billion in funds, against $11.9 billion appropriated by the CHIPS and Science Act, which was only passed last year.
The Commerce Department's $10 billion investment effort to create 20 technology and innovation hubs has only received five percent of the funding so far,It is also likely that NASA missions that need budget increases in the near future will also be affected. A flat budget could result in delays to certain missions.in many fields of scientific research, a freeze in research funding could see the U.S. fall behind in the coming decade. Is it something that the U.S.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's 10,000-meter deep dive into scientific explorationThe drilling of China's first borehole over 10,000 meters deep for scientific exploration began on Tuesday.
Read more »
A “Scientific Surprise” – White-Bellied Pangolins Have Second-Most Chromosomes Among MammalsGenomic research could bolster conservation initiatives aimed at protecting the endangered species. Scientists still have much to uncover about the unique, scaly mammal known as the pangolin, a creature that bears resemblance to an aardvark and an armadillo. A recent study, published in the journal
Read more »
Scientific Sausalito seafood seller tracks every fish from catch to canAt one Bay Area seafood company, the mercury content of each individual fish is measured to make sure what goes in the can is safe to consume.
Read more »
Brazil court upholds suspension of forest reduction for Ferrograo grain railwayBrazil's Supreme Court has upheld the suspension pending studies of a government plan to reduce a forest conservation park in the Amazon to allow for the building of a controversial railway to carry grains to northern ports.
Read more »
$10M in grants announced for violence prevention, reduction in Cook CountyCook County announced $10 million in grants Thursday for gun violence prevention and reduction.
Read more »