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February 14th, 2005
... President Bush's fiscal year 2006 budget proposal released Feb. 7, which even Republicans such as Sen. George Allen of Virginia described as "austere." Bush requested $1.05 billion for nanotech programs next year at the 10 agencies involved in the National Nanotechnology Initiative (NNI), which is below the $1.23 billion lawmakers provided for the NNI for fiscal year 2005.
Since the NNI was launched in 2001, this is the first time the White House has proposed less money for the NNI than was appropriated the previous year.
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