X-Message-Number: 13132
Date: Mon, 24 Jan 2000 09:46:30 +1000
Subject: U$475 MILLION for Nanotech Whoopee!!!

Clinton reveals that in the new budget, U$475 Million will be allocated to
Nanotech. They have woken up and realised the importance of this technology.
This has got to be a great leap forward. It also helps legitimise the field so
that others can follow. I hope to see much more of this in the future as
breakthroughs start comming.

If we could get an investment of this magnitude in cryonics, we would probably
crack the problems in no time at all. Hopefully nanotech research will at least
mean that we may be less dependent on perfect suspensions. Anyone have any news
about how that U$475 Million will be used, who will it be allocated to??



Clinton Seeks Science Funds
He Hopes to Boost University-Based Research

By Lawrence L. Knutson
The Associated Press
P A S A D E N A, Calif. ? President Clinton said today a $2.8 billion boost in

basic scientific and medical research will help Americans live longer, healthier
lives and help continue the current economic boom.

     ?We have not done a good enough job helping all Americans to understand why
     we need very, very large investments in science and technology,? Clinton said
during an address to students and administrators at the California Institute of

     The White House said Clinton?s budget for fiscal 2001 would include a major
     new investment in a fund aimed at boosting university research in several
critical fields, including cancer, diabetes and AIDS, and promoting development
of super-fast computer technology.
     In addition to advances in health and medicine that Americans almost take
for granted now, university research helped propel the growth of the Internet,
which ?has changed everything,? Clinton said.
     The explosion of information technology and Internet-related businesses is
in large part the reason for the nation?s sustained and remarkable economic
growth, Clinton said.
     ?University-based research provides the kind of fundamental insights that
are most important in any new technology or treatment,? Clinton said. ?It helps
to produce the next generation of scientists, engineers, entrepreneurs, and we
intend to give university-based research a major lift.?
     While in the Los Angeles area, Clinton also planned to attend two
fund-raising events to benefit the Democratic National Committee. He may also
get in a round or two of golf.
     In recent days, Clinton, administration officials and allies on Capitol
Hill have been disclosing pieces of the 2001 budget that the president will
present to Congress on Feb. 7.
Where the Money Will Go
Major elements of the new proposal include:
     A $1 billion increase in biomedical research at the National Institutes of
     A $675 million increase in spending for the National Science Foundation. A

White House official said, that if approved, the new spending level will ?double
the largest dollar increase ever in the history of the foundation.?


     $475 million for a nanotechnology initiative. This could lead, the White
House official said, ?to the ability to store the contents of the Library of
Congress in a device the size of a sugar cube.? Nanotechnology is a new field
that proponents hope will lead to the development of atom-sized devices and


     More than $500 million for information technology research. The White House
     official said this could lead to the development of a super-fast super computer
that could predict tornadoes and hurricanes more rapidly and have other
important practical applications.

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