Techno-News Blog Ray Schroeder, editor, OTEL - University of Illinois at Springfield |
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Technology News for Higher Education Times and Dates Coordinated Universal Time
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Tuesday, February 05, 2002
http://www.reuters.com/news_article.jhtml?type=technologynews&StoryID=568370 White House Slashes Technology Grant Program WASHINGTON (Reuters) - The Bush administration on Monday proposed sharp cuts in a program that provides grants for high-tech research, saying it amounts to corporate welfare and could be replaced by private venture-capital efforts. In its proposed budget for fiscal year 2003, the White House recommended reducing funding for the Advanced Technology Program by 42 percent, from $185 million in 2002 to $108 million in 2003. ...
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