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Thursday, February 28, 2008

FederalNewsRadio - Ask the CFO - Tom Cooley (NSF)

National Science Foundation

Tom Cooley - Chief Financial Officer

The President's FY 2009 proposed budget would give NSF a 14-percent increase, to $6.85 billion. Cooley says more than a sigh of relief, the proposal is a needed shot in the arm. First, he says that the number of grant applications continues to rise and that many that many that deserve funding are coming away with nothing. Second, he says the proposal helps cover needed funding to help with salaries and expenses. Even so, Cooley warns that staffing levels still are not high enough, which can slow down the grants process and the pace of scientific innovation across the country.

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