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Two Digests This Week? Special Issue to Focus on TBED View of 2006 Federal Budget Request
By the end of the week, SSTI will be sending Digest subscribers our ninth annual review of the president's federal budget proposal. We will highlight dozens of science and technology programs and initiatives of interest to our readers. Early indications are the 2006 request, released this afternoon, if enacted would result in significant changes for nearly every program of importance for the tech-based economic development (TBED) community. A few leaked headlines over the past few days set an ominous tone: CDBG and Treasury programs merged with the Economic Development Administration and cut by $13 billion; and the Manufacturing Extension Partnership slashed 57 percent.
Grappling with record deficits and a pledge to cut the deficit in half over four years, the Administration's budget proposal, as always, will reveal its priorities for strengthening the country's position as the leader of the global knowledge economy.
The special Federal Budget Issue of the Digest takes the place of the Feb. 14, 2005, issue.
No Funding Supplement Next Week
The Digest's Funding Supplement will be issued this evening. No supplement will be issued next week, however, given the time required to prepare the special budget issue.