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Sequestration Will Cut $1.7 Billion From The NIH's Budget »

WASHINGTON -- The National Institutes of Health released an updated projection of the cuts it must make to deal with spending reductions put in place by sequestration, and the picture isn't pretty. While the National Cancer Institute received $5.06 billion in FY 2012, it is budgeted to receive only $4.77 billion in FY 2013. Source Main page (current trends)

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