Tag #Grant Cuts

What are the immediate financial impacts of the proposed NIH grant reduction on medical research institutions and what specific areas of research are most vulnerable?

The Trump administration's proposed 15 percent cap on indirect costs for NIH grants would slash at least \$5 billion from the nearly \$32 billion budget, disproportionately impacting institutions like universities and hospitals in states such as North Carolina, Missouri, and Pennsylvania. This reduction would force many research organizations to cut back on medical research or seek alternative funding sources.