Sunday, October 19, 2008

Presidential candidates on science, technology, & innovation

The New York Times, added another chapter on Friday to its series "If Elected..." by covering the positions of senators McCain and Obama on science, technology, and innovation. The Times followed up today with a column summarizing each candidates stance on high profile S&T issues.

The Times also totaled up the federal budget costs for each candidates technology and innovation proposals. Obama's come to $85.631 billion, while McCain's total $78.825 billion.

Even though the numbers are closer than I expected, a large part of the McCain plan ($57 billion) is the tax cost of expensing equipment and technology costs by business, where a big part of the Obama plan ($28 billion) is for doubling the federal investment in basic research.

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