Presented are data taken from the Federal Funds for Research and Development, Volume 28 survey conducted in the second quarter of fiscal year 1978, shortly after the President's 1980 budget message in January. The following highlights of the budget are presented: (1) an increase in Research and Development (R&D) allocation by 4% over 1979; (2) decreases in R&D funding for five of the 12 leading R&D support agencies, whereas in 1979, all 12 had reflected gains; (3) increases by Congressional actions on the 1980 budget in these areas over amounts originally requested (National Institutes of Health, National Aeronautics and Space Administration, and Department of Agriculture); (4) an increase of 8% in overall basic research obligations, while applied R&D obligations were held to increases of 6% and 2%, respectively; (5) a break in a 3-year growth trend in R&D funding for universities and colleges, in which a less than 5% increase is provided over 1979. Discussions and accompanying tables provide details regarding R&D trends, 1980 program changes, performers and character of work, and fields of science supported. (CS)