Senate Science Committee Moves Legislation Forward
Last week, in contrast to the mid-April House and Senate approval of a budget resolution that is projected to result in a double digit decline in federal R&D spending by 2004, the Senate Committee on Commerce, Science and Transportation approved the Federal Research Investment Act, which would double federal basic research funding over an eleven-year period. S. 296 establishes a long-term plan for federal funding of fundamental, scientific, and pre-competitive engineering.