Philadelphia Front Page News TV-Radio News Brief: Trump order to slash NIH funding could have grave consequences for Philadelphia universities and hospitals Forward news by KYW Newsradio frontpagenews1@yahoo.com
PHILADELPHIA (KYW Newsradio) — A federal judge on Monday
temporarily halted a White House executive order for the nation’s
largest funder of biomedical research to slash billions of dollars from
institutions around the country that receive its grants, but the fight
is likely far from over. Should the Trump administration prevail,
funding cuts could have grave consequences for universities in
Philadelphia.
The University of Pennsylvania stands to lose $240 million annually at its current rate, estimates Penn’s interim president, Larry Jameson, if the National Institutes of Health follows through on President Donald Trump’s plan. In a statement Tuesday, Jameson said the effect of the sudden and major change would severely harm the institution’s mission.
The plan targets indirect costs, like facilities, support staff, hazardous waste disposal and the electricity needed to operate sophisticated machinery. Institutions negotiate those rates with the government individually.