WASHINGTON A nanotechnology report attached to a Bush administration supplemental budget request touts the technology as the next big thing in areas like data storage, sensors and manufacturing.
The Bush administration requested $849 million for nanotechnology research in its fiscal 2004 budget request. The total includes about 14 government agencies participating in the National Nanotechnology Initiative (NNI).
The nanotechnology report released by the White House Office of Science and Technology Policy on Friday (Oct. 17) lays out the investment strategy for nanotechnology research over the next several years. Science officials said the budget request is about 10 percent over the amount approved by Congress last year.
The Bush administration is seeking what it says is a record $123 billion for federal research and development spending in fiscal 2004. That total includes substantial increases in funding for military and homeland security projects.
"Investments in nanoscale science and technology research and development are essential to achieving the President's top three priorities: winning the war on terrorism, securing the homeland and strengthening the economy," John Marburger, director of the Office of Science and TechnologyPolicy, said in a statement. "Programs such as the NNI will help ensure our global leadership in nanotechnology and the many areas that it affects."
The budget request is likely to be approved by Congress, where there is strong support for nanotechnology research and development.