University Leaders Weigh Downside of Huge Increase in Federal Spending

After a month of celebrating the largest boost in federal spending on scientific research that most of them have ever seen, university presidents are increasingly tuned to the possibility of a downside.

The new money — primarily from a $21.5-billion jump in research-and-development spending in the economic-stimulus law — is certainly welcome, several university presidents and higher-education officials said last week during a lobbying trip to Capitol