December 16, 1997: Research Investments for America's Future

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Tuesday, December 16, 1997
Research Investments for America's Future

Today we honor 14 remarkable men and women for extraordinary individual accomplishments, from discovering new ways to chart the universe to exploring the internal universe of human nature... By giving these awards we honor the American passion for discovery that has driven our nation forward from field to factory to the far reaches of cyberspace. This spirit of discovery will lead us into a new century and a new millennium.

-- President Clinton Dec. 16, 1997

 

Today, President Clinton presented awards to the Medals of Science and Technology winners and announced two new research and development partnerships. The new partnerships will leverage about $200 million in government and industry funds. Our investment in scientific research, technological innovation, and a healthy business environment, coupled with a strong commitment to education and human resources development, promotes the beneficial application of science and technology. As the President said, "These investments have surely paid off -- in higher paying jobs, better health care, stronger national security, and improved quality of life for all Americans.... They are critical to America's ability to maintain our leadership in cutting-edge industries that will power the global economy of the new century."

 

THE CLINTON ADMINISTRATION'S RESEARCH AND DEVELOPMENT INVESTMENTS

For five years in a row, President Clinton has increased investments in science and technology.

 

By Civilian Theme:

1993 Actual *

1997 Estimated

1998 Proposed

Basic Research

11,951

13,747

14,112

Applied Research

9,130

10,469

11,125

Development

7,269

7,860

8,117

Equipment

NA

492

506

Facilities

1,979

984

1,128

Subtotal

30,329

33,552

34,988

Percent civilian

42%

45%

46%

R&D support to universities

11,674

12,979

13,268

Merit (peer) reviewed R&D programs

NA

22,220

22,717

Source: OMB

(Budget authority, dollar amounts in millions) *Equipment and Facilities were not collected separately in 1993

$96 MILLION IN NEW RESEARCH AND INVESTMENTS

December 1997

December 19, 1997

December 16, 1997

December 11, 1997

December 10, 1997

December 9, 1997

December 3, 1997

December 1, 1997


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