FasterCures applauds U.S. Senate Appropriations Committee’s work to include $2 billion increase for the NIH
FasterCures applauds the U.S. Senate Appropriations Committee’s work today to include a $2 billion increase for the National Institutes of Health (NIH) in the Labor, HHS & Education FY 2017 appropriations bill. This action is the result of welcome bi-partisan collaboration between the Labor, HHS & Education subcommittee’s Chairman Roy Blunt and Ranking Member Patty Murray and the full committee's Chairman Thad Cochran and Vice Chairwoman Barbara Mikulski.
This is an important sign that NIH’s $2 billion increase in FY 2016 will not be a flash in the pan. Until 2016, NIH’s appropriation was essentially flat, actually losing 20% of its purchasing power to inflation between 2003 and 2015. Biomedical research is a marathon, not a sprint; sustained, predicable increases in NIH’s annual budget are needed to maintain momentum and deliver on the promises of PMI, the Cancer Moonshot, and all the fundamental biomedical research the agency supports. We urge the full Senate to support this funding level when it considers the bill.