Federal budget authority for R&D in 2014 rises slightly

Wednesday, November 19, 2014 - 13:00 in Mathematics & Economics

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.

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