Transcript Research and Development in the FY 2010 Federal Budget

Federal R&D Budget:
Recent History and
State of Play
Matt Hourihan
December 2, 2014
for the MRS Science Policy Forum
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
 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…
 …reflected in the President’s budget
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…
 Omnibus negotiations underway
 Beyond FY 2015: back to sequester
levels?
 Discretionary spending heading to postWW II lows as a share of GDP
 Deficits have fallen, but big-picture
fiscal challenges remain largely
unchanged
 Debt limit, entitlement growth
 Size and composition of the
discretionary budget? Can R&D stay
ahead of the curve?
For more info…
[email protected]
202-326-6607
http://www.aaas.org/program/rd
-budget-and-policy-program