News & AnalysisU.S. BUDGET

Figuring Out What the Debt Agreement Means for Science

See allHide authors and affiliations

Science  12 Aug 2011:
Vol. 333, Issue 6044, pp. 810
DOI: 10.1126/science.333.6044.810

You are currently viewing the summary.

View Full Text

Log in to view the full text

Log in through your institution

Log in through your institution

Summary

As the ink dried last week on the hard-fought budget agreement between the Obama Administration and Congress that raised the U.S. debt ceiling to avert a government default, federal science agencies, universities, and researchers were left wondering what it all means. The only sure bet is that the tortuous, two-step process to shrink the deficit by $2.1 trillion over the next decade will be a bonanza for lobbyists. Research advocates say their initial response to the Budget Control Act of 2011 that became law on 2 August is one of cautious optimism about the immediate future—and apprehension about the longer-term prospects.