Wednesday, 29 March 2017 16:05

Progress Towards Cures Will Stall Under Proposed Budget Cuts

President Donald Trump's proposed 2018 budget cuts $5.8 billion from the National Institutes of Health (NIH), about 20% of its current budget. While these numbers represent a request to Congress and not a final agreement, the cuts are a dramatic statement against science as a priority for the administration and for our country.

These cuts, if implemented, may have a greater negative impact on the stem cell research field than the restrictions implemented by former President Bush. Ongoing NIH funding is critical to all biomedical research, including ours at The New York Stem Cell Foundation. Cutting these funds is a major risk for all research, and threatens to slow down or stop potentially lifesaving experiments while also put at risk the jobs of many scientists across the country.

The President has also proposed significant budget cuts to the NIH and other scientific agencies for the remainder of this year’s budget. These drastic measures would be a major step back for the advancement of science and medicine in the United States.

 

Read more from Nobel Laureate and founding NYSCF Medical Advisory Board Member Dr. Harold Varmus in the New York Times >>

Politico spoke with NYSCF CEO Susan L. Solomon about the proposed cuts, read the story here (firewalled) >>

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