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Joe Biden, president

“Back in the ‘60s, we used to invest a little over 2% of our entire (gross domestic product) in pure research and investment in science. Today it’s 0.7%.”

PolitiFact rated this: This is accurate

PolitiFact says: Data from the National Science Foundation shows that federal spending as a percentage of gross domestic product hit a high of almost 1.9% in 1964 and has generally fallen since then, to 0.6% in 2017.