PRESIDENT’S FY2000 BUDGET: AN S&T OVERVIEW
The Clinton Administration FY2000 budget proposal, submitted to Congress on Monday, calls for a 2.5% increase in civilian R&D spending. Total R&D spending, however, would decline by 1.3% to $78.24 billion, due to a proposed 5.8% drop in defense-related R&D. For comparison, the Consumer Price Index for last year was approximately 1.6%.