1997 Funding for R&D Up: Poised to Plummet toward 2002
The results are in for 1997 federal appropriations for science. According to AAAS, Congress appropriated $74 billion for R&D—an increase of 4.0% from last year. About $14.8 billion of the total goes for basic research, an increase of 2.7%. R&D funding kept ahead of inflation, but the slope downward will have to get steeper to balance the budget by 2002.
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