After lagging far behind, NIH now seems on pace to spend its entire $47 billion budget by Sept. 30
Posted by trombonist_formerly
After lagging far behind, NIH now seems on pace to spend its entire $47 billion budget by Sept. 30
Posted by trombonist_formerly
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>Thanks to a frenzy of grantmaking activity during August, the National Institutes of Health looks, for the first time this year, like it might be able to spend its entire $47 billion budget before the Sept. 30 deadline. After lagging by billions of dollars throughout the spring and summer due to pauses in grant proposal evaluations, agency-wide layoffs, and new layers of political review, the NIH now appears on track to award close to the full tranche of taxpayer money appropriated by Congress.
>A STAT analysis shows that as of Thursday, the amount of new and continuing NIH grants awarded this year is $31.2 billion, about $100 million ahead of the average spent by this point of the calendar year from 2016-2024