This is insane. If this holds and 50% of all grants are suddenly required to be funded for full five years instead of one year (and it sounds like this policy will pass, given the quote from Battacharya?), that means even without any ostensible budget cut, NIH funding next year will go down 1 - (0.5 0.5*0.2) = 40%!
Researchers’ chances of winning a grant from the National Institutes of Health have dropped under a new policy.
scim.ag/45h38OS