BrianKrebsIf you were trying to run this country straight into the ground, would you do *anything* differently than what this administration has done so far?
SAN FRANCISCO (KGO) -- The Trump administration has sent an earthquake through the medical research community. The National Institutes of Health is going to be cutting funding by $4 billion affecting local researchers who are working on everything from cancer to HIV.
"This is going to be a disaster," said Monica Gandhi M.D., Director of the UCSF Center for AIDS Research on Friday. "We will not be able to function because we need the infrastructure and we need the staff."
The NIH is cutting what's called "indirect cost payments" down to 15%. The payments are made to universities in conjunction with the grants the NIH doles out for research. The money covers everything from administrative staff to facilities, such as labs . . . and top research universities can see rates well above 50%.
"To go down drastically to 15% was shocking today," said Dr. Gandhi. "We will go down to a rate that is so drastically cut that we won't be able to do a lot of our work."
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