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Increased Investment in US Scientific Research and Technology Development

The American Innovation Act aims to boost funding for key research institutions in the US, such as the National Science Foundation and the Department of Defense. This means more resources for developing new technologies, innovations, and basic research, potentially leading to advancements in medicine, energy, and defense, impacting citizens' quality of life and security.
Key points
Significant budget increases for the National Science Foundation, Department of Energy's Office of Science, Department of Defense science programs, National Institute of Standards and Technology, and NASA's Science Mission Directorate, with planned growth through 2032 and beyond.
Funds allocated for scientific research and technology development will remain available until expended, ensuring stable funding for long-term projects.
Funding provided by this act is protected from automatic budget cuts, guaranteeing the stability of investments in science and innovation.
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Additional Information
Print number: 117_HR_2140
Sponsor: Rep. Foster, Bill [D-IL-11]
Process start date: 2021-03-23