H.R.2628 - American Innovation Act (119th Congress)
Summary
H.R.2628, the American Innovation Act, proposes significant increases in funding for basic science research across several federal agencies. The bill specifically targets the National Science Foundation, the Department of Energy's Office of Science, Department of Defense science and technology programs, the National Institute of Standards and Technology, and NASA's Science Mission Directorate. Funding increases are outlined for fiscal years 2026 through 2035, with subsequent years adjusted based on the Consumer Price Index.
Expected Effects
If enacted, the bill would substantially increase federal investment in scientific research. This could lead to advancements in various fields, potentially driving economic growth and improving national competitiveness. The bill also includes provisions to exempt these appropriations from sequestration, providing a degree of funding stability.
Potential Benefits
- Increased funding for scientific research could lead to breakthroughs in various fields, including medicine, energy, and technology.
- The bill's focus on basic science could foster long-term innovation and economic growth.
- Exemption from sequestration provides funding stability, allowing for better long-term planning for research projects.
- Investment in science and technology programs at the Department of Defense could enhance national security.
- The bill supports multiple agencies, promoting a broad approach to scientific advancement.
Potential Disadvantages
- The significant increase in spending could contribute to the national debt if not offset by other budget adjustments.
- The bill's reliance on the Consumer Price Index for future funding adjustments may not accurately reflect the actual costs of scientific research.
- Increased funding for these specific areas may come at the expense of other important government programs.
- The focus on basic science may not immediately translate into tangible benefits for the American people.
- The budgetary effects are excluded from PAYGO scorecards, potentially masking the true cost of the legislation.
Most Disadvantaged Areas:
Constitutional Alignment
The bill aligns with the Constitution's broad mandate to "promote the general Welfare" (Preamble). Article I, Section 8 grants Congress the power to lay and collect taxes to provide for the general welfare of the United States, which can be interpreted to include funding for scientific research. The specific allocation of funds to various agencies falls within Congress's purview to appropriate funds as it deems necessary.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).