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February 5th, 2008

President's budget highlights commitment to promote jobs

Abstract:
The President's fiscal year 2009 budget request includes $638 million for the National Institute of Standards and Technology (NIST), to provide advanced measurement science, standards, and technology disciplines such as nanotechnology, quantum information science and neutron research. The President's FY 2009 request for NIST puts the Administration's goals back on track toward doubling NIST's core budget by 2016 as called for in the President's American Competitiveness Initiative. The request includes increases of $71 million for research initiatives at NIST Laboratories and National Research Facilities, and $62 million for construction and major renovations, also part of the President's 10-year American Competitiveness Initiative. The budget request for NIST also includes $4 million to transition the Hollings Manufacturing Extension Partnership consulting centers to a self-supporting basis.

For the U.S. Patent and Trademark Office (USPTO), the President's FY 2009 budget requests $2.1 billion in spending authority which includes increases of $64 million for patent process and $4 million for trademark process to optimizing quality and timeliness of each. The increased funding will allow USPTO to hire additional examiners, reduce application processing and continue to improve the electronic filing system. Consistent with prior years, the Administration proposes to fund the USPTO budget exclusively through offsetting fee collections, which are projected to cover the proposed spending authority.

Source:
eliableplant.com

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