So were recent Obama proposals to make the research and development tax credit permanent, and to accelerate business' ability to write off expenses.

WSJ: Change in Tone Depends on Obama

Reducing the EU budget would cripple our ability to invest in areas such as research and development or efforts to tackle climate change or harm our energy security.

BBC: A brochure among the bills

Ability for research and technical assistance programmes in the field of educational development, educational policy analysis, planning and management.

UNESCO: Vacancy : Deputy Director, UNESCO International Institute For Educational Planning (IIEP) (14/6/2011) (IEP 878 - (D1))

Worse, such proposals may severely damage the ability of companies such as ours to invest in cutting edge research and development, including investment in the many talented scientists who dedicate their lives to finding life changing medical advances.

FORBES: Merck CEO: Health Care Beyond the Fiscal Cliff Requires Structural Changes