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STAC’s Statement on Biden’s FY24 Budget Request

March 10, 2023

In reaction to President Biden’s FY24 budget request, 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 this statement:

The release of President Biden’s FY24 budget request, though below the levels targeted by the CHIPS & Science Act, demonstrates his administration’s ongoing commitment to science and technology, and its awareness that advancing key investments in these areas will fuel new innovations, strengthen domestic supply chains and help build a robust talent pipeline of STEM workers.

Funding the crucial work undertaken by our nation’s premier science agencies, including the NSF and NIST, and increasing funding for the CHIPS & Science Act provisions will help power the U.S. economy, national security and global competitiveness for years to come. This funding will help ensure new research, development and technological advancements are created here at home.

We applaud President Biden for his continued critical role as a champion for science and technology. We look forward to helping advance the recommendations laid out in the budget request and working with Republicans and Democrats in Congress in the upcoming appropriations cycle.

The Science & Technology Action Committee (STAC) is a group of 25 non-profit, academic, foundation, and corporate leaders working to dramatically strengthen U.S. science and technology. The Committee is co-chaired by: Bill Novelli, Professor Emeritus and founder of Business for Impact at Georgetown University and former CEO of AARP, Sudip Parikh, CEO, American Association for the Advancement of Science (AAAS) and Executive Publisher of the Science Family of Journals, Mary Woolley, President & CEO of Research!America, and Keith Yamamoto, Vice Chancellor for Science Policy and Strategy at UCSF and President of the American Association for the Advancement of Science (AAAS).