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News/Transforming Procurement/Trade Groups Urge the Administration to Maintain Basic Research Funding
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News·Transforming Procurement Brief

Trade Groups Urge the Administration to Maintain Basic Research Funding

Federal News Network – The Trump administration’s efforts to reduce the size of the federal government have already resulted in decreased funding for biomedical research. One significant cut involves capping indirect costs at 15%, down from an average of 27 to 28%, and indirect costs are vital to keeping the lights on because they cover expenses associated with lab facility maintenance, equipment, and insurance.

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