The Bush Administration has submitted an FY 2003 request for the National Institute of Standards and Technology that calls for large increases in some programs, and large cuts in others. Total NIST funding would decline 15.2%, or $103.2 million, from $680.8 million to $577.5 million.
There are three major components of the NIST budget. Funding for Scientific & Technical Research & Services (STRS) would increase 23.5%, while the budget would fall 58.5% for Industrial Technology Services (ITS). The budget for Construction of Research Facilities would decline 14.3%.