UCLA held an online "town hall" on federal developments. The potential cost to UCLA of the cut in overhead payments on NIH grants to 15 percent was put at around $100 million. The potential threat to other sources of federal income, e.g., Medicare, Medi-Cal and other health insurance payments received by the health enterprise, were not discussed. Nonetheless, it was said that the administration is doing contingency planning for possible cuts and the magnitudes involved were too big to be dealt with by some kind of temporary bridge funding from other sources. In particular, the state budget outlook would seem to preclude aid from that source.
It was also said that the reported UC-San Diego freeze on which we have reported was not complete.
The town hall was recorded and it was said it will be available on a UCLA website. It isn't there at the time of this posting but we have an audio recording (with still pictures) available for now:
https://ia800105.us.archive.org/29/items/newsom-1-2-25-new-laws/UCLA%20Town%20Hall%20on%20Federal%20Developments%202-27-2025.mp4.
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