US Capitol Capsule: Will sequester leave NIH NCATS weak as a kitten?
This article was originally published in Scrip
Executive Summary
The National Institutes of Health (NIH) stands to lose more than $2.5 billion from its fiscal year 2013 discretionary spending dollars, plus another $11 million trimmed from it mandatory spending budget, if Congress does nothing to stop the so-called sequestration across-the-board cuts from taking effect in January, the White House Office of Management and Budget (OMB) said on 14 September, with other agencies, like the FDA, also taking critical hits to their purses.