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January 23, 2004

"This is going to be an austere budget"

President Bush will apparently ask for an increase of just 1 percent overall in non-defense, non-homeland security related discretionary spending for FY 2005. The Washington Times has the details.

Because some programs, like the Administration's education initiatives, will be slated for increases over 1 percent, other programs will likely receive cuts. Whispers around DC suggest that NSF might suffer significantly under the request, receiving an increase of just 1 percent for FY 2005 -- well under the 15 percent authorized by Congress and the President in December 2002. The full details should be known when the President releases his budget request on February 2, 2004.

Posted by PeterHarsha at January 23, 2004 04:06 PM
Posted to Funding
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