Abstract
Scientific research in the US faces an uphill battle for new funding under an agreement reached between President Joe Biden and Rep. Kevin McCarthy (R-CA), the speaker of the House of Representatives, to raise the US debt limit. The deal prevents the US government from defaulting on its loans until Jan. 1, 2025, but it dampens prospects that federal agencies will get increases in the next 2 years to support science and technology initiatives. The House voted in favor of the deal on May 31, sending the legislation to the Senate, where it is expected to pass before the June 5 deadline to increase the government’s borrowing ability. The deal essentially freezes nondefense discretionary spending, which includes funding for scientific R&D, at current levels for fiscal 2024 and allows a 1% increase for fiscal 2025. But when inflation is factored in, budgets will actually decrease. Any increases for science would
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