Trump administration cuts $4 billion in medical research funding

Trump administration cuts billion in medical research funding

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The Trump administration cut $4 billion in medical research funding by limiting the amount received by agencies, including buildings, equipment and support staff. The National Institutes of Health (NIH) announced that grants now only cover 15% of these fees, significantly reducing previous allowances. “The United States should have the best medical research in the world,” NIH said. “So it is crucial to ensure that as much money as possible goes to direct scientific research costs, rather than administrative overhead.” In 2023, $9 billion in NIH $35 billion grant funded by overhead fees. The agency believes that the new restrictions are consistent with private foundation standards. Trump allies praised the cuts. The “Ministry of Government Efficiency” led by billionaire Elon Musk praised the move, calling it NIH. Matt Owens of the Government Relations Council said. “American competitors will enjoy this kind of self-harm wound.” Democrats strongly object to the decision. Senator Patty Murray condemned the layoffs as “disastrous.” She warned: “Sick children may not be able to get the treatment they need. Clinical trials may be shut down suddenly and have dangerous consequences. Just because Elon Musk doesn't understand overhead costs, it doesn't mean the United States is People have to pay for their lives. …Discover more from Baller AlertSubscribe to send the latest posts to your email.

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