Obama's 2013 budget boosts tech R&D spending
President Obama plans to increase U.S. funding by 5 percent next year for research and development of a broad swath of technologies, according to his proposed fiscal 2013 budget, which was released today.
The president's budget (see below) has earmarked $140.8 billion for overall R&D, specifically focusing on those areas that will "directly contribute to the creation of transformational technologies that can create the businesses and jobs of the future."
To further research of clean energy, smart infrastructure, wireless communications, and cybersecurity, Obama plans to divide $13.1 billion among the National Science … Read more