The Office of Science, which funds critical early-stage energy innovation research, would see a 20% decline in its budget.
FORBES: House GOP Budget Proposal Would Stifle Energy Innovation
However, a weak rally, especially on a resolution of the debt-ceiling debate, is likely to set the stage for a further decline.
FORBES: Don't Light That Short Fuse!
Thus, those states claiming that they are cutting fat and waste are actually setting the stage for the impoverishment of their citizenry and a long-run decline in the revenues available to pull themselves back out of this hole.
FORBES: Why US education deserves our praise (and funding)
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