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What the Fiscal Responsibility Act Portends for Photonics Research

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JAKE SALTZMAN, NEWS EDITOR
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Though the so-called debt limit deal that President Biden and House Speaker Kevin McCarthy struck this spring spared the U.S. from a default on its national debt, the subsequent Fiscal Responsibility Act (FRA) injected substantial uncertainty into the prospect of expanded U.S. government funding of scientific research. The FRA effectively halted Congressional funding for nondefense discretionary programs for fiscal year 2024 (FY2024) and restricted funding to a 1% increase for FY2025. Such funding goes to multiple federal agencies each year to fuel numerous research programs that...Read full article

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    Published: July 2023
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    columnsFiscal Responsibility ActgovernmentSPIEopticaquantumNISTNIHNSFenergyChips and Science ActCHIPS ActfundingR & Dprogramsnational securitydefenseNPIGreg QuarlesJennifer O'BryanScott CarneyBusinessIndustry Insight

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