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Tech policy toplines in the spending deal

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Mar 3, 2024
Illustration of the capitol dome cracking open to show a piggy bank inside

Illustration: Natalie Peeples/Axios

Lawmakers today unveiled the first appropriations package to fund parts of the government through the rest of the year, including money for Commerce, Justice and Science.

The big picture: Congress has until Friday to pass the bills, or there'll be a partial government shutdown that impacts key programs for emerging technologies and R&D.

What's inside: The six-bill package includes more than $450 billion in funding for FY2024 across the federal government. Some of the topline numbers for tech policy include:

  • $9.06 billion for the National Science Foundation
  • $1.46 billion for the National Institute of Standards and Technology, including up to $10 million for NIST to establish the U.S. Artificial Intelligence Safety Institute
  • $41 million for the regional tech and innovation hub program
  • $191 million for the Bureau of Industry and Security

Watch for a deeper dive in tomorrow's newsletter.

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