Bush Administration Proposes FY 2005 Budget Increase for BIS
The Bush Administration's proposed budget for fiscal year 2005 proposes a significant increase in funding for the Bureau of Industry and Security (BIS). Under the budget proposal BIS would receive an $8.1 million spending increase. Part of that increase would be used to beef up enforcement of technology export controls. The request also includes $2 million to create an Office of Technology Evaluation (OTE) to assess sensitive technology exports.
OTE is intended to address industry complaints about overly restrictive U.S. export controls on technologies that US companies claim are widely available. The Bush administration is promoting a “smart export controls” program that would focus on the impact of technology exports on national security “without unnecessarily burdening U.S. exporters.”
Labels: BIS