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News Release 13-006

Federal Budget Authority for R&D Declined in Fiscal Years 2011-12

Modest R&D increase proposed for fiscal year 2013

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Illustration showing a pile of dollar bills and a red line going down

Budget authority for Research and Development (R&D) and R&D plant (R&D facilities and fixed equipment) declined in fiscal years 2011-2012, mostly due to a decline in defense-related R&D.

Credit: Thinkstock