1. Federal R&D: A Quick Recap and Outlook Matt Hourihan February 13-17, 2014 for the AAAS Annual Meeting AAAS R&D Budget and Policy Program http://www.aaas.org/spp/rd

4. Positive outcomes Physical Sciences did well Defense S&T Department of Energy Technology programs and Science NSF facilities, EPSCoR, political science NASA Science and Exploration Defense contractors NIH overall Better for translational science, IDeA, BRAIN Environmental R&D But cuts avoided High-performance rail Less positive

6. GDP

7. Looking ahead… President’s budget to be released March 4, for now Priorities: manufacturing, clean energy, climate, IT and computing, biological innovation, neuroscience, STEM Ed Discretionary spending in FY 2015 has already been agreed And will increase hardly at all 25% of sequester reductions rolled back Beyond FY 2015: back to sequester levels Big-picture fiscal challenges remain largely unchanged

9. For more info… mhouriha@aaas.org 202-326-6607 www.aaas.org/spp/rd/