CLSA Analysis of President Trump’s Fiscal Year 2021 Proposed Budget Request – February 2020
On Monday, February 10, 2020 President Trump released his $4.8 trillion proposed budget request for fiscal year 2021 (FY 21). [See the Office of Management and Budget’s (OMB) budget materials here and fact sheets here.] We have prepared the below summary and analysis of the numerous biomedical and life sciences-related provisions included in the President’s proposal. The summary is listed in alphabetical order by federal agency, and then by subagency and/or initiative.
As a reminder, the President’s budget request is typically used by Congress to 1) inform its budget and 2) draft its appropriations bills – the latter of which ultimately fund the government. Therefore, especially when the House, Senate, and Presidency are controlled by different parties, the President’s budget request in its entirety is unlikely to becomes law. However, it is important to view the proposed budget as a window into the Administration’s priorities for the coming year.
Questions? Contact Jenny Nieto (firstname.lastname@example.org), CLSA’s Vice President of Federal Government Relations & Alliance Development, Molly Fishman (email@example.com), CLSA’s Director of Federal Government Relations, and Dani Mitchell (firstname.lastname@example.org), CLSA’s Manger of Federal Government Relations & Program.