![](https://webarchive.library.unt.edu/eot2008/20090506091305im_/http://www.nsf.gov/images/x.gif) FY
2008 Budget Request
![](https://webarchive.library.unt.edu/eot2008/20090506091305im_/http://www.nsf.gov/images/greenline.jpg)
The National Science Foundation proposes a fiscal year (FY) 2008 investment of
$6.43 billion to advance the frontiers of research and education in
science and engineering. The NSF FY 2008 Budget Request includes
an increase of $408.79 million (6.8 percent) over the FY 2007 Budget
Request. At this level, NSF will build on recent advances and support
promising initiatives to strengthen the Nation's capacity for discovery
and innovation.
The President's American Competitiveness Initiative (ACI) sets a bold challenge, calling for expanded federal investment to drive innovation and sharpen the Nation's competitive edge. To maintain the U.S. position at the forefront of discovery, learning, and innovation, the ACI
commits to doubling investments over 10 years in NSF and other principal sources of federal support for the physical sciences and engineering. NSF's task in this ambitious undertaking is to uphold the
leadership and excellence in fundamental research and education that keeps America at the leading edge of science, engineering, and technology.
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