CBO forecast

The Congressional Budget Office has issued its official budget estimatedated January 22, 2014, for H.R. 2981, Technology and Research Accelerating National Security and Future Economic Resiliency Act of 2013.  CBO estimates that implementing H.R. 2981 would cost $6 million over a five year period.  H.R. 2981 would expand the federal program that requires some federal agencies to set aside portions of their research and development programs for small businesses and that federal agencies participating in the Small Business Technology Transfer (STTR) program, to provide grants to institutions of higher-education institutions to facilitate federally funded research and technology projects.