BIS Seeks 17% Budget Hike in FY 2025
To enhance U.S. and allied restrictions on dual-use exports, the Biden administration’s FY 2025 budget request, unveiled March 11, would provide $223 million for the Bureau of Industry and Security, up 17%, or $32 million, from the FY 2024 enacted level of $191 million, the Commerce Department said.
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
“Facing rapid advances in technology, China’s continued efforts at illicit technology transfer to enable its military-civil fusion, and Russia’s ongoing aggression against Ukraine, these resources would help BIS expand export enforcement domestically and overseas, bolster the bureau’s capacity to identify sensitive, dual-use technologies eligible for export control and evaluate the effectiveness of export controls, and increase regional expertise to enhance cooperation on export controls with allies and partners,” Commerce said.
Congress plans to review the FY 2025 request in the coming weeks.
The administration proposed about a $30 million increase for BIS in FY 2024, but Congress denied it (see 2403040061) after key House Republicans said BIS must strengthen its export controls before they will back more money for the agency (see 2312060072), and a House Foreign Affairs Committee report (see 2312070058) said BIS hasn't hired the right employees with its current funding.