The FDA is not the only health agency whose advocates are smarting from the White House’s proposed FY 2015 budget, which starts in October.
Modern Healthcare reports that advocates for the National Institutes of Health find the 1% bump from FY 2014 an almost positive—the proposal gives the Institutes $30.2 billion to work with in 2015, which does not fully compensate for the $1.55 billion that the sequestration wiped from its budget in 2013.
Modern Healthcare also notes that the NIH’s doing-more-with-less requirement includes operating with a 22% drop in terms of purchasing power since 2003, if considering inflation’s impact on R&D costs.
