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David McCormick: “Our basic research budget as a percentage of GDP is at an…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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The Imperative of Renewal featuring Senator David McCormick | Betting on America

Published | Video Starts at 14:05

Well, you know the book you mentioned and every time since then, I think we should be doubling down on basic research. Nsf, darpa, nih. If you look at Our basic research budget as a percentage of GDP is at an all-time low. It was twice or three times the level in 1950. So I'm a big proponent of that basic research because that's essentially Filling a gap of aren't necessarily going to … (14:05–14:11)

CLAIM

Asserts that the U.S. basic research budget is at its lowest relative to GDP.

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