Congress should provide the National Institutes of Health with enough funds in the next budget year to "set the NIH on a three-year track to recoup the losses caused by biomedical research inflation," according to the Federation of American Societies for Experimental Biology (FASEB)'s annual funding report, released today (January 31).The biomedical coalition asked lawmakers to give NIH sufficient funds "to maintain its purchasing power and take advantage of scientific opportunities" in Fiscal 2008, which begins Oct. 1, 2007. "We are in danger of sacrificing our nation's dominance in biomedical research and biotechnology," the FASEB report warns. On Monday (Feb. 5), President Bush will submit the Administration's Fiscal 2008 budget requests to Congress, which has failed to pass budgets for the current 2007 fiscal year for NIH and most other government agencies, leaving them to run at 2006 levels. Today, the House is scheduled to vote on a revised...

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