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OSTP Estimates STEM Spending in Proposed FY15 Budget Totals $2.9B
A progress report from the White House Office of Science and Technology Policy (OSTP) provides a useful overview of the Obama administration’s ongoing STEM efforts and the roster of STEM initiatives included in the president’s FY15 budget request. Under the proposed budget, federal spending on STEM education would reach $2.9 billion in FY15, a 3.7 percent increase over FY14 funding as enacted. The largest agency increases would come from the Department of Education, which would receive $658 million (35.7 percent increase) with support for a new STEM Innovation Networks program, and the Department of Transportation, which would receive $100 million with funding for a University Transportation Centers Program (16.3 percent increase). Read the report…