Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2025
  • May
  • 2
  • Trump budget proposes drastic cuts for US scientific research

Trump budget proposes drastic cuts for US scientific research

Bull Bear Daily May 2, 2025 2 minutes read
2025-05-02T180923Z_1_LYNXMPEL410UJ_RTROPTP_4_USA-TRUMP-3

(This story has been corrected to fix the NIH budget cut from two-thirds to 40%, in paragraph 4)

By Ahmed Aboulenein

WASHINGTON (Reuters) -The White House wants to reduce U.S. health spending by more than a quarter next year, with the National Institutes of Health and Centers for Disease Control and Prevention facing the brunt of billions of dollars in cuts.

President Donald Trump’s administration on Friday proposed a $163 billion cut to the federal budget that would sharply reduce spending in areas including health, education, and housing next year, while increasing outlays for defense and border security.

The proposed budget requests $93.8 billion for the Department of Health and Human Services – a cut of $33.3 billion, or 26.2% – from this year’s budget of $127 billion.

It includes a cut of $18 billion, or 40% of money allocated to the NIH, leaving it with a $27 billion budget. The White House wants to cut funding altogether for four of the agency’s 27 institutes and centers and consolidate the remaining ones into five new institutes.

The proposal almost halves the CDC budget by almost $3.6 billion, leaving it with $4 billion. The White House did not propose cuts at the Food and Drug Administration.

(Reporting by Ahmed Aboulenein; Editing by Michele Gershberg and David Gregorio)

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: Beijing weighs fentanyl offer to US to start trade talks, WSJ reports
Next: US will revise Biden-era offshore oil and gas bonding rule

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Sign up for our free Bull Bear Daily Newsletter!

Discover new market trends and ideas directly to your inbox.

Recent Posts

  • Nintendo announces $1.9 billion share sale by Kyoto bank and others
  • Dell shares at three-month highs on forecast it will double AI server revenue
  • Virgin Australia delivers strong profit growth despite rising cost pressures
  • Stocks rise, supported by tech rally as Nvidia reports strong results
  • Samsung unveils Galaxy S26; lifts prices in key markets amid chip price surge

You may have missed

2026-02-27T044933Z_3_LYNXMPEM1Q04L_RTROPTP_4_FRANCE-VIDEOGAMES-PARIS-FAIR.JPG
  • Newsletters

Nintendo announces $1.9 billion share sale by Kyoto bank and others

Bull Bear Daily March 1, 2026
2026-02-27T124747Z_1_LYNXMPEM1Q0PU_RTROPTP_4_US-STOCKS-DELL.JPG
  • Newsletters

Dell shares at three-month highs on forecast it will double AI server revenue

Bull Bear Daily March 1, 2026
  • Newsletters

Virgin Australia delivers strong profit growth despite rising cost pressures

Bull Bear Daily February 28, 2026
  • Newsletters

Stocks rise, supported by tech rally as Nvidia reports strong results

Bull Bear Daily February 27, 2026
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Bull Bear Daily | bullbeardaily.com