Some good news on funding the NSF

As has been reported in many places, the House has passed a new spending bill that puts back many of the American Competitiveness Initiative funding that was proposed for FY07. This bill was passed in agreement with the Senate, so Senate passage is hopefully forthcoming next week, when it's taken up there.

There are some differences in the level of the increase. According to Peter Harsha at the CRA blog,

Under the agreement, NSF would receive a 6 percent increase, slightly below the 7.8 percent increase called for in the ACI, but $335 million more than FY 2006.

But according to the AAAS funding update,

The National Science Foundation (NSF) would receive the full requested increase of 7.7 percent or $334 million for its core Research & Related Activities (R&RA) account to $4.7 billion. This funding would allow most research directorates to reverse declining funding of recent years with increases of between 6 and 8 percent. Total NSF R&D would climb 7.0 percent to $4.5 billion within a total budget of $5.9 billion, reversing two years of cuts in 2005 and 2006

Of course, the President still has to sign the bill. But since the ACI was his idea, one can be hopeful.