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The FY 2015 Science and Technology R&D Budget

Science, Technology, and Innovation for Opportunity and Growth

 

The President’s fiscal year 2015 Budget proposes $135.4 billion for Federal research and development (R&D) activities, an increase of $1.7 billion or 1.2 percent over FY 2014 enacted levels. The 2015 R&D budget extends the Administration’s ongoing commitment to make wise, targeted investments in science and technology (S&T) in support of job creation, economic growth, and opportunity for all Americans. It builds on R&D’s proven record of turning ideas into realities, and of generating new technologies, products, and businesses that in many cases were barely imagined a few years earlier.

“The 2015 budget reflects this Administration’s clear-eyed recognition that our Nation’s standing as a global leader today is built largely on a foundation of science and technology,” said Dr.John P. Holdren, President Obama’s science and technology advisor and Director of the White House Office of Science and Technology Policy. “By continuing the Administration’s record of
steady support for research and development across the full spectrum of scientific and technological domains-including such diverse priorities as biomedicine, advanced manufacturing, climate science, cybersecurity, natural resource management, space exploration, and national security-the Budget ensures that the United States will be an incubator of innovation and economic growth for many years to come.”

 

 

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