We’ve all heard the stories of how Trump *loves* to stiff his contractors …. This is the same playbook with national research funding
Reposted from
Carl T. Bergstrom
6. The policy does not just affect funding going forward. All existing NIH grants will have their indirect rates cut to 15% as of today, the date of issuance.
For a large university, this creates a sudden and catastrophic shortfall of hundreds of millions of dollars against already budgeted funds.
For a large university, this creates a sudden and catastrophic shortfall of hundreds of millions of dollars against already budgeted funds.
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