News Release 14-151
Federal budget authority for R&D in FY 2014 rises slightly
Funding cuts fall heavily on national defense
November 19, 2014
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New data indicate that in fiscal year (FY) 2014, Congress gave federal agencies authority to spend $3.2 billion more on research and development and R&D plant (together) than in FY 2013. However, the increase only partially offset successive declines experienced in previous fiscal years.
According to a report just released by the National Science Foundation's (NSF) National Center for Science and Engineering Statistics, preliminary data for FY 2014 shows a 2.4 percent increase in federal budget authority for R&D and R&D plant, totaling an estimated $135.7 billion in current-year dollars.
The increase, to a degree, counterbalances cuts in federal budget authority for R&D and R&D plant, which were down $4.6 billion in FY 2011; down $0.6 billion in FY 2012 and down $11.3 billion in FY 2013.
Funding cuts have fallen much more heavily on national defense than on nondefense budget functions. Preliminary estimates show that in FY 2014, federal agencies had authority to spend $70.7 billion on defense related R&D, which was down from a high of $86.8 billion in FY 2010.National Center for Science and Engineering Statistics.
Federal R&D funding by budget function: Fiscal years 2012-2015.
Credit and Larger Version
Bobbie Mixon, NSF, (703) 292-8485, email: firstname.lastname@example.org
Mark Boroush, NSF, (703) 292-8726, email: email@example.com
The U.S. National Science Foundation propels the nation forward by advancing fundamental research in all fields of science and engineering. NSF supports research and people by providing facilities, instruments and funding to support their ingenuity and sustain the U.S. as a global leader in research and innovation. With a fiscal year 2020 budget of $8.3 billion, NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and institutions. Each year, NSF receives more than 40,000 competitive proposals and makes about 11,000 new awards. Those awards include support for cooperative research with industry, Arctic and Antarctic research and operations, and U.S. participation in international scientific efforts.