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December 27th, 2007
"While Congress recently passed and President Bush signed the ‘America COMPETES Act,' these actions mean little without an actual appropriation to fund the programs it authorizes. Current spending bills drastically shortchange research funding for the National Science Foundation, the National Institute for Standards and Technology and the Department of Energy," Scalise said. NSF and NIST both play critical roles in the Nanoelectronics Research Initiative which supports cutting-edge basic research in collaboration with industry and universities.
SIA noted that without action this week, funding for basic research at universities and the national laboratories will fall far short of the levels promised by the President and the House leadership; U.S. companies will continue to be disadvantaged in the competition to hire the best and brightest foreign-born graduates from American universities; and the R&D tax credit expires Dec. 31.
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