University of Michigan would lose $92 million in proposed federal budget - Martin Slagter, MLive

A proposed federal budget slashing reimbursements for facilities and administrative costs would cost the University of Michigan approximately $92 million, the university estimates. In a letter to the campus community on Monday, July 10, UM administrators spoke out against the White House's proposed 10 percent cap on facilities and administrative costs - indirect costs or overhead - to the university's National Institute of Health grants. http://www.mlive.com/news/ann-arbor/index.ssf/2017/07/proposed_research_cuts_would_c.html