[caption id="attachment_51600" align="alignleft" width="150"] The automatic spending cuts would reduce federal research and development funds by $57.5 billion in the next five years.[/caption]

Scientists and inventors such as Joe DeSimone will be keeping an eye on the budget deal-making in Washington, D.C., over the next month, because if negotiators fail to steer the nation away from the fiscal cliff, automatic spending cuts will chop back federal support for scientific research at universities nationwide.

"The lifeblood of this country is research and the economic development that flows from that," said DeSimone, an inventor with his...

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