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Science 13 January 2006: Vol. 311. no. 5758, p. 161 DOI: 10.1126/science.311.5758.161e
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ScienceScope
The 0.1% cut to the budget of the National Institutes of Health (NIH) will soon hit investigators' bottom lines. This week, NIH decided to trim the 2006 payout for continuing grants by 2.35%, the first cut in recent memory. New grants will be funded at equivalent 2005 levels, with student and postdoc stipends mostly level. Advocates wince, citing biomedical inflation of at least 3%.
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Science. ISSN 0036-8075 (print), 1095-9203 (online)