Senate committee approves funding increase for NIH in FY 2014
Published July 25, 2013 by OSP
The bill offers a glimmer of hope to scientists who will inevitably feel the effects of sequestration, which cut NIH's budget by 5%--or $1.55 billion--across all of the agency's programs, projects and activities. In 2012, NIH's total funding was about $30.86 billion. Under sequestration, that number will be slashed to $29.15 billion this year.