Dr. Scott Gottlieb on Trump's proposed cuts to health and science funding
CNBC Television·2025-06-17 13:49
Well, there's a proposed cut in the president's budget for 2026 that's quite substantial. I think on the order of $17 billion, but for this year, the NIH is very far behind their spending goals. And so, they're about $2.3% billion right now behind where they would normally be if they were spending the budget that was allocated for 2025.And this is going to set up a difficult situation towards the end of the year. either NIH is going to have to spend that money out money, which means they're going to have to ...