The Federation of American Societies for Experimental Biology (FASEB) released this week its annual funding report recommending increases of at least five percent annually over the next five years for several of the nation’s research agencies. “Investments in research have enhanced quality of life, developed novel treatments for devastating diseases, driven innovation, and created billion dollar industries,” stated FASEB President Joseph R. Haywood, PhD. “We are at a crossroads, and this funding report calls for sustained growth in science funding for this country. Congress should ensure future progress will not be jeopardized. The recommended investment will keep American science at the forefront of discovery.”
Federal Funding for Biomedical and Related Life Sciences Research FY 2016 includes the following recommendations:
- National Institutes of Health: at least $32 billion
- National Science Foundation: at least $7.72 billion
- Department of Energy Office of Science: at least $5.34 billion
- Veterans Affairs Medical and Prosthetic Research Program: at least $622 million
- Department of Agriculture: at least $450 million for the Agriculture and Food Research Initiative and $1.189 billion for the Agricultural Research Service
The report also highlights examples of federally-funded biomedical and biological research that have produced new knowledge, improved health, and created pioneering industries that generated economic growth. More than 50 researchers from across the country will hand deliver the FY 2016 funding report to congressional offices during FASEB’s Capitol Hill Day on April 14. Copies will also be distributed to senior agency and Obama administration officials.