Explanation for nonscientists here: https://bsky.app/profile/carlbergstrom.com/post/3lhmtolcc6s2c
Sorry that bsky isn’t an official news source, but it hasn’t been appropriately/fully reported by any standard news source yet. I’ve linked the formal announcement. The ramifications are only really clear to those in science.
This will decimate US universities, full stop. Billions of dollars in guaranteed funds have just been pulled.
National Institutes of Health will cut billions from research grants that support cancer, virus and heart disease research