August 29, 2023
Science Funding Falters a Year After Landmark CHIPS and Science Act
When the CHIPS and Science Act was signed into law last August, colleges and universities saw an opportunity for the government to make a transformative investment in science and innovation. The ambitious legislation promised to bring tens of billions of dollars in new research money to American colleges and universities through federal science agencies, which fund more than half of their research and development. But one year later, Congress is already falling short of the ambitious funding targets called for in CHIPS.