NIH, NSF, Statistical Agencies Receive Final FY14 Budgets

摘要

Just over three months into the current fiscal year, Congress and the president finalized the fiscal year 2014 (FY14) budgets, a move facilitated by the December budget deal easing sequestration for both FY14 and FY15. In most cases, the FY14 budget levels are welcome news, as they largely restore the FY13 cuts(see Table 1). While the budget for NIH was increased 2% over the FY13 level, the budget was still 2% below the FY11 and FY12 levels, accentuating the funding challenges NIH has faced for several years with relatively flat budgets and declining purchasing power due to inflation. Indeed, according to an analysis from the Federation of American Societies for Experimental Biology (FASEB), the NIH FY13 budget was $6 billion (22.4%) less than it was in FY03 in inflation-adjusted dollars. The FASEB analysis also reported 2,110 (20.3%) fewer competing research project grants and 2,528 (34%) fewer R01-equivalent grants than in FY03.