FDA Budget To Plunge By $319M If Sequester Takes Effect

Law360, New York (September 14, 2012, 8:14 PM EDT) -- The governmentwide sequester set to take effect in January would slice $319 million from the U.S. Food and Drug Administration's budget next year and billions more from other health departments, the White House announced Friday, but an expert says the agency may be able to insulate its drug and device reviews from the cuts.

The Office of Management and Budget released a report Friday detailing how much would come out of each agency under the Budget Control Act of 2011's mandated cuts. The sequester will go...
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