Researchers in Colorado are using words like “catastrophic” and “bombshell” to describe the potential impact of the 15 percent cap.
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Funding caps announced late Friday by the Trump administration could cripple medical research and innovation in Colorado, potentially costing the state a vast sum of money and putting thousands of jobs at risk.
The National Institutes of Health said the cuts to grants to research institutions would limit indirect funding of research projects to 15 percent.
