A new federal fiscal year (FY) begins October 1, but lawmakers at deadline haven’t even agreed on stopgap funding needed to keep Washington fully functioning next month, let alone come to terms on a new budget for FY 2021.
As a result, nobody yet knows how much funding the NIH will have net fiscal year. President Donald Trump began the budget process in February, weeks before COVID-19 led to shutdowns nationwide, by proposing a record $4.9 trillion spending plan that would have cut the NIH’s budget by 7%, from $41.7 billion to $38.4 billion.
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