GEN News Highlights: Jan 25, 2012

NIH Won’t Survive FY 2013 Without Budget Reduction, GEN Poll Predicts

(Page 1 of 1)

    NIH won’t get through the next fiscal year without budget cuts of some sort, believe a clear majority of voters on a recent GEN poll. NIH and other agencies could see their spending curbed in FY 2013 and beyond, according to 71.4% of respondents, while 10.7% expect a budget increase, and a larger-than-usual 17.9% were undecided.

    Those expecting budget cuts are no doubt reacting to the both the unfinished effort to cut at least $1.2 trillion over the next decade and the election results, which could embolden spending-cutters. NIH dodged a bullet last month when Congress approved a 1% increase to its funding compared to fiscal year 2011. NIH will have $30.6 billion for FY 2012, while in FY ’11 the agency saw its funding cut by nearly 1% from the previous federal fiscal year.


Related content

Subscription center

GEN MAGAZINE

Genetic Engineering & Biotechnology News (GEN) has retained its position as the most widely read biotechnology publication around the globe since its launch in 1981. Published 21 times a year and with additional exclusive editorial content online, GEN's unique news and technology focus includes the entire bioproduct life cycle from early-stage R&D, to applied research including omics, biomarkers, as well as diagnostics, to bioprocessing and commercialization.

Subscribe

e-NEWSLETTERS

Add GEN to your Inbox! Subscribe today to our complimentary e-newsletters and stay abreast of the latest biotech news and trends. Click the magnifying glass icon next to a newsletter title to view a sample.

 

All fields are required

Email
  Confirm Email
  First Name
  Last Name
  Organization
  E-Alert Format
 
 
  Sign Up

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

GENpoll

Funding Early-Stage Companies

How much do you think newly established funds will succeed in helping startups?

Suggest a Poll