Friday, March 31, 2017

Trump’s cuts to EPA and NIH budgets would put a dent in the Triangle economy - David Ranii, News Observer

President Donald Trump’s proposed federal budget includes cuts to two federal agencies that could make a noticeable dent in the Triangle economy if it wins congressional approval. Trump wants to cut the Environmental Protection Agency’s budget by 31 percent and the National Institutes of Health by nearly $6 billion, or 19 percent. Both are major Triangle employers. N.C. State University economist Michael Walden said those cuts wouldn’t derail the Triangle economy, but they “definitely would be noticeable.” But he also noted that the president’s proposal is, in effect, just a first draft that has to go through Congress and is “definitely not necessarily the final result.” http://www.newsobserver.com/news/business/article138982923.html

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