Breaking down President Trump's proposed FY 2026 budget cuts to major federal research agencies like NSF and NIST. Former Congressman Rick Lazio, now Senior Vice President at alliant, provides expert analysis on how U.S. R&D spending has declined over 40 years while China moves toward parity in research investment. Learn how these reductions could impact U.S. technological innovation and global competitiveness, particularly as rival nations increase their R&D investments. The summary explores concerns about potential decline in American innovation and discusses ongoing legislative efforts to address R&D tax credits and AI regulation.

Article Summary

Innovation is everywhere. From the tech sector to our education systems, and politics, being innovative has become a requirement for being competitive. Innovators have given us the world we live in today, and it’s incredibly exciting to think of where innovation will take us tomorrow.



Through the work we do at alliantgroup we have had the privilege of working with so many innovative and forward-thinking American businesses. In conversations with these business owners, we’ve been inspired to unpack just how much of an impact this concept is having on our economy and the world. The result? Our new podcast, Innovating America.



We’re excited to start this conversation with you and hope you enjoy the discussion.