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June 2001

End of an Era?

Policy: Bush to reevaluate federal dollars for high-tech program.

By Erika Jonietz

As President George W. Bush and Congress battled over tax cuts, an element of the president's budget that some believe could have a much longer-term impact on America's economic health went largely unnoticed. Bush proposed to stop funding a landmark federal effort to help risky-and potentially lucrative-technologies out of the lab and into the marketplace: the National Institute of Standards and Technology's $200-million-per-year Advanced Technology Program.

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