Will this policy cost more?

Will this policy cost more?

Answer

No, it’s fiscally neutral. It will be funded by reallocating funds currently going into a plethora of devolved funds, such as the National Science Challenges, which are extremely expensive to run, since each one has its own management team and governance board. They are costing us more than a billion dollars over 10 years, with about 25% chewed up in overhead.

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