Nov. 19, 2002 — The U.S. House of Representatives has cleared the way for President Bush’s signature on a bill to double the National Science Foundation’s budget during the next five years.
The measure, passed Friday just hours after approval by the U.S. Senate, would authorize $5.5 billion in funding for fiscal 2003. It also would authorize $6.39 billion for fiscal 2004, $7.37 billion for 2005, $8.52 billion for 2006 and $9.83 billion for 2007, according to Congressional Quarterly.
Increased funding is directed at nanoscale science and engineering, plant genome research and other areas. The legislation also would provide grants to academic institutions to boost the number of math, science and engineering students.