@steveholbrook.bsky.social
This move — capping overhead rates at 15% — will devastate research universities, especially if other federal agencies follow suit. Hard to overstate the impact.
Breaking news: The Trump administration cut billions in biomedical funding. Researchers say it imperils work on cancer and other illnesses.
NIH cuts billions of dollars in biomedical funding, effective immediately
The move halts a large slice of money for most universities and research institutions virtually overnight, imperiling vital research in everything from cancer to heart disease.
www.washingtonpost.com
February 8, 2025 at 5:44 PM
This move — capping overhead rates at 15% — will devastate research universities, especially if other federal agencies follow suit. Hard to overstate the impact.