What happens when federal investments in research and development are cut?
- This may APPEAR to save billions in the budget, but the economy is ultimately expected to lose TRILLIONS of dollars.
- Cost to the U.S. economy by cutting the budget by 20%: almost $1.5 trillion compared with China’s growth pace.
- Cutting research and development funding does not make economic sense!
Read the full report from the Information Technology & Innovation Foundation (ITIF) for more details:
https://www2.itif.org/2025-reducing-federal-rd.pdf?et_rid=1130177171&et_cid=5740249