Transcript Research and Development in the FY 2010 Federal Budget

Recent Trends in
Federal R&D Funding
Matt Hourihan
November 20, 2014
for the Battelle Post-Election Summit
AAAS R&D Budget and Policy Program
http://www.aaas.org/program/rd-budgetand-policy-program
BCA takes
effect: first
year of caps
Sequestration
kicks in
(delayed and
reduced by the
American
Taxpayer Relief
Act)
Budget warfare
resolved by
Bipartisan
Budget Act
(restores some
funding in FY14,
FY15)
The Fiscal Context for FY 2015
 BCA called for $91 billion in cuts from the baseline, split
between defense and nondefense
 Congress keeps (partially) restoring funding
 FY15: 21% reduction in cuts
 Discretionary spending cap is only 0.2% above FY14 before
inflation
 Very little room for any sort of program growth
FY 2015 R&D Appropriations by Select Spending Bill
Estimated funding as a percent of FY 2012, in constant dollars
120%
110%
100%
90%
80%
70%
60%
Dept. of
Defense S&T
2012
Commerce,
Justice,
Science
2013
2014
Energy &
Water
Agriculture
2015 Request
Interior and
Environment
2015 House
Labor, HHS,
Education*
2015 Senate
*Not yet introduced in House. Source: AAAS analyses of agency budget documents and appropriations bills and reports. FY
2014 figures are current estimates. R&D includes conduct of R&D and R&D facilities. © 2014 AAAS
Looking ahead…
 Beyond FY 2015: back to sequester
levels
 Discretionary spending heading to
post-WW II lows as a share of GDP
 Deficits have fallen, but big-picture
fiscal challenges remain largely
unchanged
 Debt limit, entitlement growth
 Will Congress continue to roll back
(some of) the BCA funding reductions?
Can R&D stay ahead of the curve?
Federal S&T Spending Under Various Scenarios
billions of constant 2014 dollars
$110
$105
$100
$95
$90
$85
$80
$75
$70
Actual Spending (BA)
Post-Sequestration
President's Request
Actuals Minus Recovery Act
Ryan/Murray Deal Changes
Original BCA/ATRA Caps
Constant as a Share of GDP
*2014 figures are current estimates.
"Federal S&T" here includes nondefense R&D; Department of Defense S&T spending ,including health research; and NNSA R&D. Source: AAAS R&D reports
and analyses of agency and legislative budget documents. GDP figures and deflators are from the FY 2015 request. R&D includes conduct of R&D and R&D
facilities. © AAAS | October 2014
For more info…
[email protected]
202-326-6607
http://www.aaas.org/program/rd
-budget-and-policy-program