Obama Budget Proposal Includes Funds for Ag-related Sciences

Tuesday, February 14th, 2012

The Obama Administration rolled out a multi-trillion-dollar budget proposal Monday, which includes an increase in funding for agriculture related research and development.

The $3.8 trillion federal budget proposal shows the U.S. Department of Agriculture would endure cuts of $32 billion over 10 years, largely through the elimination of direct payments, as well as cuts of subsidies to crop insurers. However, the administration is proposing the USDA receive $325 million in competitive research grants through the Agriculture and Food Research Initiative, an increase of $60 million over the current budget levels.

The proposal increases funding 2.6% to $5 billion for the U.S. Department of Energy and includes a bigger jump of 4.8% to $7.4 billion for the National Science Foundation.

Read More: US Agnet

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