Post by Logan on Mar 20, 2017 3:55:04 GMT -6
WASHINGTON — President Trump’s proposed budget would strip Massachusetts of nearly $1 billion in federal funding for research, clean energy, education, and social services programs, according to an analysis released Friday by Democratic Senator Ed Markey.
The report details how numerous programs in the state would be affected by the budget, with the potential loss of National Institutes of Health grants topping the list for the most dramatic impact. Trump’s budget calls for an 18 percent reduction in NIH grants, which would amount to a $463 million cut for Massachusetts.
“It’s also a direct attack on the business plan of Massachusetts, which is very much focused on innovation, education, biotech, research, and clean energy,” Markey said. “The Trump budget would slash those programs in a way that would have a significant negative impact on our long-term job growth in Massachusetts.”
The estimates from Markey’s office, however, do not include potential boosts to the state’s defense industry as part of Trump’s proposal to significantly expand the Department of Defense and Department of Homeland Security budgets. Markey said the boost to defense contractors such as Waltham-based Raytheon and General Dynamics, which has shipyards in Maine and Connecticut, would not outweigh the consequences for low-income residents and research.
Read more: www.bostonglobe.com/news/nation/2017/03/17/trump-budget-would-strip-billion-from-massachusetts-says-report-from-senator-markey/NwcTWLGpUrVcCq0NPuQOfK/story.html
The report details how numerous programs in the state would be affected by the budget, with the potential loss of National Institutes of Health grants topping the list for the most dramatic impact. Trump’s budget calls for an 18 percent reduction in NIH grants, which would amount to a $463 million cut for Massachusetts.
“It’s also a direct attack on the business plan of Massachusetts, which is very much focused on innovation, education, biotech, research, and clean energy,” Markey said. “The Trump budget would slash those programs in a way that would have a significant negative impact on our long-term job growth in Massachusetts.”
The estimates from Markey’s office, however, do not include potential boosts to the state’s defense industry as part of Trump’s proposal to significantly expand the Department of Defense and Department of Homeland Security budgets. Markey said the boost to defense contractors such as Waltham-based Raytheon and General Dynamics, which has shipyards in Maine and Connecticut, would not outweigh the consequences for low-income residents and research.
Read more: www.bostonglobe.com/news/nation/2017/03/17/trump-budget-would-strip-billion-from-massachusetts-says-report-from-senator-markey/NwcTWLGpUrVcCq0NPuQOfK/story.html