On January 15, the House Appropriations Committee released its draft text of the American Recovery and Reinvestment Bill of 2009, the $550 billion spending portion of an $825 billion economic stimulus package to deal with the current economic crisis. The draft bill will be debated, amended, and revised by the House and the Senate, with hopes of getting a final version of the bill to President Obama's desk by the middle of February.
AAAS estimates that the just-released House version of the 2009 stimulus appropriations bills contains $13.3 billion in federal research and development (R&D) funding out of a total $550 billion in federal spending. $9.9 billion would go to the conduct of R&D and $3.4 billion for R&D facilities and capital equipment.
The National Science Foundation (NSF), the Department of Energy Office of Science (DOE OS), and the National Institute of Standards and Technology (NIST), the three agencies highlighted in the America COMPETES Act of 2007 and President Bush's American Competitiveness Initiative (ACI), would do extremely well in the stimulus appropriations bill. The National Institutes of Health (NIH) would receive $3.9 billion in stimulus funding.
For more details, see the FY 2009 R&D page on the AAAS R&D web site.