Out-of-date and out-of-touch “sequestration” budget caps prevent Congress from advancing national priorities including faster medical progress and robust economic growth. Strategic investments fuel health, security and prosperity; the budget caps stifle all three.
Urge Congress to pass a bipartisan budget deal to raise the sequestration budget caps for FY18.
- Sequestration today means that we can’t address tomorrow’s threats. A new idea can take years to transform into a lifesaving medical advances.
- Without stable and predictable funding, many scientists leave research and the nation loses out on the discoveries that they might have made.
- Sequestration stalls major projects, ranging from supercomputers to biohazard labs that researchers need to effectively prevent emerging epidemics, develop the next generation of super materials, and find the links between genes and disease.
- These stifling budget caps are a drag on our economy. Federally funded research creates hundreds of thousands of jobs in the U.S., sequestration cuts jobs and means that fewer jobs can be created.
- Alzheimer’s disease alone will cost our healthcare system $1.1 trillion a year by 2050. We can’t let outdated budget caps prevent progress against this and other costly and deadly health threats.