Newswise — On July 19, the American Society for Biochemistry and Molecular Biology released a statement expressing concerns on the National Institutes of Health budget proposed in the House Labor, Health and Human Services, Education and Related Agencies funding bill. The bill allocates only $44.7 billion for NIH, which represents a 6.4% decrease from fiscal year 2023 levels and would have detrimental repercussions for the National Institute of Allergy and Infectious Diseases, the National Institute of Neurological Diseases and Stroke, the National Cancer Institute and the National Institute of General Medical Sciences, the society said.
If passed, the appropriations bill would cut NIAID’s budget by almost 23%, NINDS’s budget by 5% and both NCI and NIGMS’s budgets by almost 3%, ASBMB said. The society strongly urged policymakers to sustain funding for the NIH with a base budget of $51 billion.
“We are concerned and disheartened to see this proposed bill come out of the House,” Sarina Neote, ASBMB’s public affairs director, said. “In this economy, with inflation and the rising cost of doing science, any budget cuts to NIH institutes will result in lost jobs and halted research progress. The money NIH awards each year plays a crucial role in supporting the U.S. economy.”
In fact, every dollar awarded to researchers by NIH doubles its economic impact. In 2023, the $36.68 billion granted to researcher supported over half a million jobs and almost $97 billion in economic activity.
About the American Society for Biochemistry and Molecular Biology (ASBMB): The ASBMB is a nonprofit scientific and educational organization with more than 12,000 members worldwide. Founded in 1906 to advance the science of biochemistry and molecular biology, the society publishes three peer-reviewed journals, advocates for funding of basic research and education, supports science education at all levels, and promotes the diversity of individuals entering the scientific workforce. For more information about the ASBMB, visit www.asbmb.org.