Today, the Science and Technology Action Committee (STAC), a non-partisan coalition of non-profit, academic, foundation and business leaders advocating for greater focus and funding of science and technology, issued the following statement on the FY23 omnibus appropriations bill released by Congress on December 20th. STAC members urge Congress to pass this agreement as soon as possible.
STAC’s Statement:
The FY23 omnibus appropriations agreement announced by Congress this week represents a major milestone in funding key investments in science and technology that will fuel new innovations, strengthen domestic supply chains and build a robust talent pipeline of STEM workers. Overall, the spending bill funds many key provisions of the bipartisan CHIPS and Science Act, which Congress passed earlier this year. That includes an historic boost for the National Science Foundation — which will receive an increase of $1 billion or nearly 12% above last year’s enacted level — as well as a significant $1.6 billion in funding for the National Institute of Standards and Technology (NIST).
These vital investments will power the U.S. economy, national security and global competitiveness for years to come, ensuring that new technological advancements are created here at home to fight the greatest challenges of our time. We’re excited to work with the 118th Congress on further advancing science and technology priorities in the new year.