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President Obama's FY 2012 Budget Request: Details
President Barack Obama's fiscal year (FY) 2012 budget submitted to Congress for the U.S. Commerce Department's National Institute of Standards and Technology (NIST) proposes a funding level of $1.001 billion, an 8.9 percent increase over the President's FY 2011 budget request and a 16.9 percent increase above NIST's FY 2010 appropriations.
The NIST budget request reinforces the Administration's commitment to science and technology by doubling funding for NIST laboratories, one of several strategies for maintaining U.S. technological leadership laid out in the President's Plan for Science and Innovation and reaffirmed in the America COMPETES Reauthorization Act of 2010 (P.L. 111-358).
Read the press release.