The federal science and technology (FS&T) budget for FY 1997 is approximately $43.4 billion, up 0.7 percent from FY 1996, but down 5.0 percent since FY 1994. The FS&T budget is a measure of the federal investment in new knowledge and technologies. These trends in the FS&T budget, and further details by department and agency, are documented in a new report by the National Academy of Sciences, The Federal Science & Technology Budget, FY 1997. The report is available in PDF format, which can be read with the Adobe Acrobat Reader, and can be downloaded by clicking on the icon bellow.

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