In a piece in The Conversation, IRIS Executive Director Jason Owen-Smith makes the case that Congress is failing to keep its promise on increased research funding, which threatens the long-term health of the American economy. The recent budget deal and President Biden’s FY25 proposal fall short of the funding pledged in the CHIPS and Science Act, he writes.
The piece argues that limiting the flow of research spending not only slows scientific progress, but it hurts businesses that provide goods and services to research projects, the careers of people working on university-based research, and high-tech businesses that employ such workers.