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NIH 2008 Budget Falls Behind Inflation
12/26/2007
President Bush today signed into law the Consolidated Appropriations Act 2008 (HR 2764) which Congress approved on December 19, almost three months after the start of the 2008 fiscal year. The Act sets FY 2008 funding for most federal agencies, including the National Institutes of Health (NIH), the National Science Foundation (NSF), NASA and Veterans' Affairs (VA).
In FY 2008, the NIH will receive a total of $29.2 billion, a 1.1% ($329 million) increase over FY 2007 funding; however a mandate to transfer $196 million of that increase to the Global Fund to Fight AIDS, Tuberculosis and Malaria leaves the NIH with $28.9 billion, a mere 0.46% increase over last year. This will be the fourth consecutive year that the NIH budget increase has failed to keep pace with the rate of inflation for biomedical research, estimated at 3.7% for FY 2008.
President Bush vetoed an earlier version of the funding measure that would have provided the NIH with an additional $1 billion in 2008.
Read more about 2008 federal research funding at the APS website.
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