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FY2008 Budget for Technology

President George W. Bush's fiscal year (FY) 2008 budget proposal for the Commerce Department's Technology Administration (TA) is $642.3 million, of which $640.7 million is earmarked for the Department's National Institute of Standards and Technology (NIST).

The budget request for NIST includes $594.4 million for core research and facilities programs, an 11-percent increase over the President's FY 2007 request and a 21-percent increase over the proposed FY 2007 continuing resolution recently passed by the House and sent to the Senate.

The President's request will implement key components of the American Competitiveness Initiative (ACI), which is designed to enhance our nation's capacity to innovate.

A news release and budget table are available at: http://www.nist.gov/public_affairs/budget.htm.

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