H.R. 3322 seeks to create the impression that we are considering an omnibus civilian science proposal, but we are not. Noticeably absent are the energy research and development [R&D] programs at the Department of Energy [DOE]. How do we explain the absence of about $4.7 billion in authorizations for the civilian science programs at DOE? Federal support for R&D is the quintessential investment in our Nation's future. Unfortunately, despite 50 years of strong bipartisan support, the Republican leadership now treats R&D as a low priority. The overall reduction would be $711 million below this year's funding and nearly $800 million below the President's proposal. Solar and renewable energy research would be cut 34 percent. Conservation energy R&D would be slashed 43 percent. Fuel Cell research would be cut 66 percent. And I would remind my colleagues that this is all being done in 1 year, not over 5 years or 7 years. We cannot let stand congressional proposals that endanger our ability to create more high-income jobs in developing industries as well as to promote safer, more cost-efficient and environmentally sensitive energy technologies. R&D is responsible for approximately one-half of the productivity improvements in the Nation's economy. Technological innovation is the single most important source of long-term economic growth, and the total economic return on investment in R&D is several times as high as for other forms of investment.
Victor Fazio: “H.R. 3322 seeks to create the impression that we are considering an omnibus civilian science proposal, but we are not.…”
Editor's note · Context
Discussing the implications of H.R. 3322 on energy research and development funding.
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