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America Competes Act in Senate today
Coverage over at the CRA Policy Blog Sunday night on the America COMPETES Act, set to be introduced in the US Senate today. COMPETES is an astonishingly bad acronym: Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science.
From a summary of the bill: “the America COMPETES Act focuses on three primary areas of importance to maintaining and improving United States’ innovation in the 21st Century: (1) increasing research investment, (2) strengthening educational opportunities in science, technology, engineering, and mathematics from elementary through graduate school, and (3) developing an innovation infrastructure.”
Among the provisions likely to have a direct impact on HPC:
- Double funding for NSF and Department of Energy Office of Science by FY2011
- Direct federal agencies that fund S&T research to set a goal of 8% of their R&D budgets to fund high-risk frontier research
- Authorize NIST at $937 million by FY2011 and requiring NIST to use a minimum of 8% of its funding for high-risk, high-reward research
