Late last week the Office of Management and Budget (OMB) and the Office of Science and Technology Policy (OSTP) released their annual budget planning memo FY2025-OMB-OSTP-RD-Budget-Priorities-Memo.pdf (whitehouse.gov). The memo emphasizes that federal research and development is integral to the just, vibrant, and ambitious future that America seeks and identifies key priority highlights including: AI, Global Security, Climate Research, Improving Health Outcomes, Reducing Barriers and Inequities, and Bolstering Industrial Innovation. The memo states that funding choices will be required given constrained discretionary funding caps, emphasizing that agencies should clearly state how funding relates to these key priorities.