The America COMPETES Act and the FY2009 Budget
LIBRARY OF CONGRESS WASHINGTON DC CONGRESSIONAL RESEARCH SERVICE
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The America COMPETES Act P.L. 110-69 responds to concerns that the United States may not be able to compete economically with other nations in the future due to insufficient investment today in science and engineering research and in science, technology, engineering, and mathematics STEM education. A similar concern led President Bush to announce the American Competitiveness Initiative ACI in January 2006. FY2008 appropriations met neither the Administrations ACI target nor America COMPETES Act authorized levels. An issue for Congress is whether FY2009 appropriations will. The Presidents s Office of Science and Technology Policy reports that the FY2009 budget request includes funding for America COMPETES Act initiatives at 88 of the FY2009 authorization level. In June 2008, the House and Senate approved the Concurrent Budget Resolution Conference Report S.Con.Res. 70, which provides a sense of the Congress on the America COMPETES Act, stating the Congress should provide sufficient funding so that our Nation may continue to be the world leader in education, innovation and economic growth. For FY2009, the federal agencies that manage America COMPETES Act programs are funded through an interim continuing resolution until March 6, 2009. Funding for the remainder of FY2009 and all of FY2010 remains to be determined.
- Economics and Cost Analysis
- Humanities and History