Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
‘There Is No Investment That Pays Greater Dividends’: Susan Collins Demands Continued NIH Research Funding
Forbes Breaking News
Follow
5/2/2025
During Wednesday’s Senate Appropriations Committee hearing, Sen. Susan Collins (R-ME) spoke about the need for continued funding in the National Institutes of Health.
Category
🗞
News
Transcript
Display full video transcript
00:00
The committee will come to order. Good morning. As this is the first full committee hearing of
00:08
the Senate Appropriations Committee in the 119th Congress, I would like to first take a moment
00:16
to welcome back our returning members and to also welcome the new members of the committee.
00:26
I'm very pleased to be joined once again at the helm of this committee by the senior senator from
00:33
Washington, Vice Chair Murray. The topic for our first full committee hearing, biomedical research,
00:44
keeping America's edge in innovation, is significant. It speaks to the high priority
00:54
that this committee places on biomedical research. There is no investment that pays greater dividends
01:04
to Americans' families than our investment in this research, which can lead to life-saving
01:13
and life-enhancing discoveries. For more than 75 years, the United States has been the world leader
01:22
in scientific research and technological innovation. We earned this position through the hard work
01:31
of countless researchers and scientists and their staff, many of whom trusted their careers through
01:40
the culture of science built by the American people. At the heart of that culture is a strategy
01:49
coordinating grant-based research at university and private labs funded through the National Science
01:57
Foundation, the National Institutes of Health, the Department of Defense, the Department of Energy,
02:05
and many other federal agencies. This strategy has been an enormous success. In the years following World War II,
02:17
the U.S. emerged as the global leader in science and technology, accounting for 69 percent of global R&D
02:28
across all fields by the year 1960. In biomedical research, the U.S. dominated the second half
02:38
of the 20th century. During this period, our scientists, based in the United States, published 70 percent
02:47
of the papers in the top cited journals, secured the majority of the world's biomedical patents,
02:55
and won more than half of the Nobel Prizes awarded in medicine. Stability is a key aspect of the American
03:08
formula because it allows scientists to focus their work knowing that they will have the support they need
03:17
to pursue and test their ideas from start to finish. The freedom to explore and collaborate
03:25
is also crucial, especially to younger scientists who are eager to get into the lab
03:33
and work on what inspires them. This combination has made the United States a, quote,
03:41
irresistible magnet for researchers everywhere, as Dr. Haller, one of our witnesses, put it so well,
03:50
drawing the best and the brightest from around the world. Their work demonstrates the value of the
03:58
American system, leading to breakthroughs that save lives and restore health for so many. For example,
04:09
over the past 20 years, the FDA has approved more than 600 new cancer treatments, including standard
04:18
chemotherapy, targeted therapies, and immunotherapies, all made possible by decades of the National
04:30
Cancer Institute investment into basic research. Another example relates to Alzheimer's and dementia
04:40
research. Because of studies financed by the National Institute on Aging, research
04:48
researchers now have an array of biomarker tests for dementia, including a new blood test, allowing for
04:57
earlier diagnosis of this devastating disease. But the continued success of this system and America's leadership
05:09
cannot be taken for granted. Since the turn of the century, China's investment in biomedical research has grown
05:17
more than 50-fold. China has now caught up with the U.S. and biomedical patents filed and
05:27
papers published. Proposed funding cuts, the firing of essential federal scientists, and policy uncertainties
05:39
threatened to undermine the foundation for our nation's global leadership. One such recent
05:48
development has been the unilateral imposition of an arbitrary 15 percent indirect cost cap on NIH grants in
06:00
February, followed by more recent caps on grants from DOE and other federal agencies.
06:09
While some reform of the facilities and administrative system may be merited, this one-size-fits-all cap will be
06:20
extremely harmful to many institutions and the people who benefit from their work. They also are directly
06:32
contrary to language approved by this committee year after year after year and incorporated into appropriations law.
06:44
Also very troubling are the administration's abrupt cancellation of grants, proposals to slash federal funding, and
06:56
laying off scientists and technical experts with apparently little or no justification. These actions put our
07:06
leadership in biomedical innovation at real risk and must be reversed. America's edge in biomedical innovation is also of
07:20
immense economic value to the nation, generating, for example, two and a half dollars for each dollar invested through
07:29
NIH, supporting 400,000 jobs, and driving global health standards. In Maine, NIH grants and contracts support 1,468 jobs and
07:46
$286 million in economic activity. But we must not lose sight of what is truly at stake here.
07:59
This debate is not just about scientists and researchers and economic activity. If clinical trials are
08:12
halted, research is stopped and laboratories are closed. Effective treatments and cures for diseases like
08:23
Alzheimer's, type 1 diabetes, childhood cancers, and Duchenne's muscular dystrophy will be delayed or not discovered at all.
08:36
We must preserve and strengthen America's leadership for the sake of families all across this country.
Recommended
6:37
|
Up next
Lisa Murkowski Slams 'Unprecedented Hits’ To NIH Dashing The ‘Hope’ Of Future Biomedical Researchers
Forbes Breaking News
5/2/2025
8:50
'I'm Puzzled Why You'd Be Cutting Funds That The President Signed In March': Susan Collins Grills Vought
Forbes Breaking News
6/25/2025
8:18
'So Disturbing': Susan Collins Grills NIH Director About Budget Cuts That Are 'Against Federal Law'
Forbes Breaking News
6/10/2025
4:18
Dick Durbin Sounds The Alarm On ‘What’s At Stake’ For Biomedical Research Amid NIH Funding Cuts
Forbes Breaking News
5/2/2025
5:12
Susan Collins Asks Expert How Proposed Cap On Indirect Costs Would Affect Biomedical Research
Forbes Breaking News
5/2/2025
6:17
‘It Puts More Americans In Harms Way’: Chris Van Hollen Decries NIH Cuts As ‘Attack’ On Medical Research
Forbes Breaking News
5/2/2025
8:38
Susan Collins Asks RFK Jr. What He'd Include On Unfunded Priorities List Amidst Massive Budget Cuts
Forbes Breaking News
5/28/2025
7:51
Patty Murray Condemns Trump Admin For Taking ‘Wrecking Ball’ To Biomedical Research Through NIH Cuts
Forbes Breaking News
5/2/2025
7:56
Susan Collins Presses Ag. Sec. Rollins On Frozen USDA Program Funds, Cites Lack Of Clarity In Timing
Forbes Breaking News
5/13/2025
2:24:03
Senate Appropriations Committee Holds Hearing About The Importance Of Biomedical Research
Forbes Breaking News
4/30/2025
6:46
'I Know That It Violates Current Law': Susan Collins Confronts RFK Jr. Over 'Poorly Thought-Out' Cuts
Forbes Breaking News
5/16/2025
6:58
'I Strongly Disagree With The President's Proposal': Susan Collins Grills Secretary Linda McMahon On Program Closure
Forbes Breaking News
6/3/2025
5:03
‘Not One American Doesn’t Benefit’: Jerry Moran Praises Medical Research And The ‘Hope’ It Brings
Forbes Breaking News
5/2/2025
5:54
Lisa Murkowski Emphasizes The Need To ‘Follow Through’ With Obligated Funding Awarded Through Grants
Forbes Breaking News
4/14/2025
7:41
‘You Do Not Have The Authority’: Rosa DeLauro Confronts Sec. RFK Jr. On ‘Illegally’ Impounding NIH Funds
Forbes Breaking News
5/16/2025
6:37
'Too Many Families Are Waiting For A Cure': Shelley Moore Capito Urges RFK Jr. To Fund Biomedical Research
Forbes Breaking News
5/30/2025
5:43
Elizabeth Warren Confronts Top HHS Nom Over RFK Jr.'s 'Multiple Inaccurate Claims About The Measles Vaccine'
Forbes Breaking News
5/6/2025
7:19
'Your Job Is To Follow The Law': Patty Murray Grills EPA Head Zeldin On Freezing Appropriated Funds
Forbes Breaking News
5/14/2025
2:50
'Is Healthcare A Human Right?': Bernie Sanders Questions RFK Jr. In Senate Hearing
Forbes Breaking News
5/19/2025
6:20
Cindy Hyde-Smith Questions Expert About How NIH Programs Foster Otherwise ‘Untapped’ Innovation
Forbes Breaking News
5/2/2025
5:49
‘I Am Deeply Concerned’: Julia Letlow Asks Sec. RFK Jr. About Efforts To Support Women’s Health Research
Forbes Breaking News
5/16/2025
4:56
Bill Cassidy Claims Higher Education Has ‘Lost Its Purpose,’ Cites ‘Negative Return On Investment’
Forbes Breaking News
5/28/2025
6:04
Deb Fischer Questions Agriculture Secretary Brooke Rollins On Relocation Of USDA Research Service
Forbes Breaking News
5/13/2025
7:26
Susan Collins Demands DHS Secretary Kristi Noem Increase Temporary Worker Visas: They ‘Are Absolutely Critical’
Forbes Breaking News
5/9/2025
7:14
Jeanne Shaheen Asks Expert How Foreign Aid Cuts ‘Undermine’ Biomedical Innovation And National Security
Forbes Breaking News
5/2/2025