"The 113th Congress continues to take a strong interest in the health of the U.S. research and development (R&D) enterprise and in providing support for federal R&D activities. The federal government has played an important role in supporting R&D efforts that have led to scientific breakthroughs and new technologies, from jet aircraft and the Internet to communications satellites and defenses against disease. However, widespread concerns about the federal debt and recent and projected federal budget deficits are driving difficult decisions involving prioritization of R&D within the context of the entire federal budget and among competing priorities within the federal R&D portfolio. […] This report provides government-wide, multi-agency, and individual agency analyses of the President's FY2014 request as it relates to R&D and related activities. The President's budget seeks $142.773 billion for R&D in FY2014, a 1.3 % increase (0.7% CAGR [Compound Annual Growth Rates]) over the actual FY2012 R&D funding level of $140.912 billion. Adjusted for inflation, the President's FY2014 R&D request represents a decrease of 2.6% from the FY2012 level (1.3% CAGR)."
CRS Report for Congress, R43086