FY13 Continuing Resolution finalized through Congress, averts Govt. Shutdown

Last week, after much posturing in the beginning of March, Congress came to agreement on a “hybrid” spending bill for FY13 which has both the FY13 CR language as well as a handful of new appropriations bills. The combination bill puts into place new spending bills for the National Science Foundation (NSF), NASA, the National Oceanic and Atmospheric Administration (NOAA), and the National Institute of Standards and Technology (NIST). Also included was the DoD spending bill.  All other agencies are funded through a year long CR which will continue “flat funding” at FY12 levels.  The bills do not take into consideration sequestration, so cuts of 5-7% will be placed on these final numbers.  The President is expected to sign the bill.

AAAS has complied a report based on the final numbers and sequestration cuts, which lay out how R&D spending fared through the FY 2013 sequester shockwave. Based on that analysis, federal R&D investment will equal about $130.9 billion in FY 2013, down from FY 2012.  Cut and paste the link below to see the report.

http://www.aaas.org/spp/rd/fy2013/