Effect of Fiscal Responsibility Act on Project Next Gen BARDA Funding

Research Funding

The Fiscal Responsibility Act of 2023 aims to reduce USG spending by $2.1 trillion, with an additional $1.5 trillion in mandated savings over the next two years. The bill reclaims $28 billion of unutilized COVID-19 funds and cuts an additional $400 million from the CDC’s “Global Health Fund,” which channels taxpayer funds to China. Collectively, these cuts represent the largest rollback of federal spending in American history.

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