Federal Funds for Science
DOI: 10.1063/1.3050947
During the present fiscal year, basic‐research obligations of the federal government are expected to increase about 32 percent, from $1.1 billion in 1962 to $1.5 billion in 1963, largely because of research expenditures in the space program. This parallels the rise in federal funds obligated for research and development generally, which show an increase of 31 percent, from $11.2 billion during fiscal 1962 to $14.7 billion in 1963. An estimated $4.5 billion of this year’s obligations supports research, both basic and applied. Of the remainder, $8.5 billion is for development, $1.6 billion for facilities, and $100 million for scientific and technical information. These figures are a result of the most recent annual survey of the subject by the National Science Foundation. Complete results of the survey will be reported in Federal Funds for Science XI, to be published by the Government Printing Office.
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