The total proposal is worth $3.7 trillion. A big portion of that money is being put into research for clean energy and the budgets of many national research institutions are going to be dramatically increased. Crazy stuff! This will definitely benefit the future generations as this type of research is exactly what we need right now.
What I'm personally looking forward to is the huge increase in the amount given to education. This completely differs from what the Republicans in the House of Representatives were proposing for the continuation of 2011. There will be big boosts to NSF amongst other grants. Great for all sorts of collegiate students.
I feel as though Obama is taking a very good measure with these changes in pushing for a more research and education based budget... It's not passed yet so only one can speculate on the differences. We must note that the federal debt is as big as ever and I'm not sure if this budget is going to help it. Obama's vision is good, but how will it all pan out?
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Definitely good news for grad students like myself, that's for sure. ;)
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