Federal R&D Funding: Trends and Projections

Abstract:

Between sequestration, shutdowns, and budget “cliffs,” the federal budget process has experienced many challenges in recent years. Budgets for research and development (R&D) have mirrored these larger fiscal constraints. Over the past decade, many agencies and programs have seen flat or declining budgets, particularly when inflation is considered. This talk will examine recent geoscience R&D funding in the historical context and examine projections of future science funding in the framework of the Budget Control Act and other initiatives.