Excerpt
GWEN IFILL (Newshour): Now our continuing coverage on the impact of across-the-board federal spending cuts kicking in this spring in Washington and around the nation.
Tonight, Jeffrey Brown looks at what it means for science and research.
JEFFREY BROWN (Newshour): In the world of science, the government is a big player disbursing money for grants and research. With most federal agencies set to see reductions of roughly 5 percent of spending, that will mean cuts for the National Institutes of Health, the Centers for Disease Control, the Department of Energy, NASA, and other key players.
Matt Hourihan has been tracking the immediate and potential impact. He's director of the R&D Budget and Policy Program at the American Association for the Advancement of Science.
REMINDER: We are a consumer based economy and the biggest consumers are government (local, state, federal). So cutting budgets is NOT the best way to improve the economy and employment, or make the U.S. a world leader.
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