Decline in U.S. science spending threatens economy, security: MIT

April 27, 2015 4:02 AM

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NEW YORK (Reuters) - Warning of an "innovation deficit," scientists at the Massachusetts Institute of Technology say declining government spending on basic research is holding back potentially life-saving advances in 15 fields, from robotics and fusion energy to Alzheimer's disease and agriculture.

Science funding is "the lowest it has been since the Second World War as a fraction of the federal budget," said MIT physicist Marc Kastner, who led the committee that wrote "The Future Postponed" report, issued on Monday. "This really threatens America's future."

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