November 23, 2007
Defense-Spending Bill Increases Research Funds
Defense spending on basic research will receive a larger-than-usual increase, of 4.5 percent, in an appropriations bill President Bush signed into law last week.
The measure, HR 3222, also contains a controversial provision to cap overhead, or indirect costs, on basic-research grants and contracts financed by the Pentagon at 35 percent.
Funds for basic research will total $1.63-billion for the 2008 fiscal year, an increase of $70.1-million over 2007.
As in past years,
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