[Congressional Record (Bound Edition), Volume 161 (2015), Part 2]
[House]
[Page 1690]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1215
           PRESIDENT OBAMA'S FISCAL YEAR 2016 BUDGET PROPOSAL

  (Mr. PALLONE asked and was given permission to address the House for 
1 minute.)
  Mr. PALLONE. Mr. Speaker, President Obama's budget proposal for 
fiscal year 2016 lays out a fiscally responsible plan to invest in our 
future and makes sure that hardworking Americans are able to benefit 
from an economy that is finally improving. I am particularly pleased 
that the President is committed to making strategic investments in our 
Nation's research and development.
  The budget invests $146 billion for R&D across the Federal 
Government, which is a 6 percent increase. The budget provides for $7 
billion in clean energy funding throughout the Federal Government and 
$2.4 billion to further advance manufacturing technologies. This 
funding improves our scientific knowledge, creates technologies with 
widespread benefits, and strengthens U.S.-global competitiveness.
  The budget also makes investments in public health, including $31 
billion for the National Institutes of Health, which is a $1 billion 
increase over the 2015 level, and $1.2 billion across several agencies 
to combat antibiotic resistant bacteria, for advanced precision 
medicine, and for targeted therapies for patients.
  I mention all of these, Mr. Speaker, because I do believe--and every 
evidence shows--that research investment creates jobs, promotes 
innovation, and increases economic development. That means more jobs. I 
hope that the Republicans will support the President's budget.

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