Trump announces budget cuts that may give China tech leadership

The White House plans to

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substantially hike defense spending, but it's going to cut other agency budgets with a big axe. It is nail-biting time for people who develop supercomputers and do other scientific work that relies on federal R&D funding.

The White House said today it will increase defense spending, currently at about $600 billion, by $54 billion or 9%. But most other agencies, with the exception of "security agencies," will see budget reductions, it said at a briefing for reporters.

This means the cuts will fall heavily on agencies such as the Department of Energy, which funds exascale supercomputing development. Another target may be the National Science Foundation, a major funder of basic scientific research. Overall, the cuts will be focused on civilian agencies because there isn't a lot of room to cut otherwise. The Trump administration is expected to leave Medicare and Social Security alone.

https://www.computerworld.com/article/3174986/government-it/trump-announces-budget-cuts-that-may-give-china-tech-leadership.html#tk.drr_mlt