Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain
the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in
Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles
US President Joe Biden’s latest budget request outlined his vision for a US economy that is fuelled by science, innovation and a bullish brand of industrial policy. Although it is likely to hit a wall in Congress — now divided between a Republican-led House of Representatives and a Democrat-led Senate — the request follows a trio of historic funding bills that are already enabling investments in everything from climate and public-health technologies to domestic semiconductor manufacturing, as well as activities intended to promote scientific and economic competitiveness with China.