Here is how the Chronicle of Higher Education reported President Bush’s State of the Union speech last night:

In his State of the Union address on Tuesday night, President Bush proposed spending billions over the next decade on basic science research and on mathematics and science education. In his speech to a joint session of Congress, the president provided few details of his plan, which he dubbed “The American Competitiveness Initiative.” Specifics are expected to be provided in his budget request for the 2007 fiscal year, which is due out next Monday. However, sources familiar with the plan say it will provide $146-billion over the next 10 years, including $50-billion to double the budgets of three agencies: the National Science Foundation, the Department of Energy’s Office of Science, and the Department of Commerce’s National Institute of Standards and Technology. In the 2007 fiscal year, which begins on October 1, it would provide $910-million in additional funds for those agencies.

According to AAAS, in FY 2006 NSF, DOE’s Office of Science, and NIST received $6.93 billion for research. The President’s Budget will thus recommend a collective 13.1% increase for these agencies research budgets. In terms of these agencies overall budgets, the increase is closer to 10%.