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June 1st, 2007
Clinton to Boost 'Non-Traditional' Innovation
Sen. Hillary Clinton said she will sharply increase spending on energy research and basic sciences if elected president next year. She said broad spending initiatives are needed to help the United States keep pace with global competition.
Increase basic research budgets by 50 percent over 10 years at the NSF (National Science Foundation), the Department of Energy and the Department of Defense. Federal agencies would be required to set aside at least 8 percent of their research funding for high-risk research. Spending also would boost support for research in biotechnology, information technology and nanotechnology.
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