Sequester budget cuts reduce NIH budget by 5%

05/9/2013 | ScienceMag.org

Mandatory federal spending cuts known as the sequester have slashed the NIH's budget by $1.55 billion compared with last year. The 5% drop in its budget will force the NIH to fund 703 fewer new and competing research grants this year. Other institutes, such as the National Cancer Institute, say their grant-funding will be smaller as well because of budget cuts.

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