R&D support—investments in the world economy | Siberian Federal University

R&D support—investments in the world economy

American Recovery and Reinvestment Act (ARRA) passed by the Congress in February, 2009 will spend $787 billion to stimulate the U.S. economy.

Out of the total expenses, $3 billion went to the National Science Foundation. Another $29.1 billion went to the Department of Health and Human Services. The research branch of this department is known as the National Institutes of Health (NIH), and NIH received about $10.4 billion. The usual NIH budget is about $29 billion per year (80% of which funds grants) and the usual NSF budget is about $6.5 billion, so the additional ARRA money represents a significant increase in the budget of both NSF and NIH for the next two years.

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