Research and innovation essential to economic recovery

December 18, 2008

The Science Coalition (TSC) today urged Congress and the incoming Obama Administration to include funding for research in legislation currently being developed to aid in economic stimulus and recovery.

"Many members of the incoming Administration and Congress, including President-elect Obama and Speaker Pelosi, recognize the vital importance of scientific research in helping to address the issues our country faces. We support their efforts to include funding for research in legislative efforts aimed at stimulating and reviving the economy," said incoming Science Coalition President Bill Andresen.

"Providing money for research grants and science infrastructure is a "twofer" for American taxpayers," Andresen said. "Funding for targeted federal research programs would have the immediate impact of creating jobs and stimulating economic activity in communities across the country. It also would provide long-term benefits through the scientific advancements and innovations that come from investing in research," he said.

Innovation fueled by basic research, much of it conducted at universities across the country, has been a cornerstone of the U.S. economy for more than the last half-century. It has led to the creation of countless companies, technologies and products. Among these are companies such as Broadcom, Cisco, Google, Genentech and Orbital Sciences, and technologies and products such as the CAT Scan, the MRI, the iPod, Gatorade and Allegra.

Examples of targeted, economic stimulus and recovery funding opportunities include:
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The Science Coalition is a non-profit, nonpartisan organization representing 50 of the nation's leading public and private research universities. It is dedicated to sustaining the federal government's commitment to U.S. leadership in basic science.

The Science Coalition

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