Maryland stands to miss $5.4 billion in federal research funding under automatic budget cuts slated to begin in 2013, according to a study.
Businesses and institutions in the state would receive $2.5 billion less in health-related spending and $2.1 billion less in defense spending from 2013 through 2017, according to estimates of research advocacy group Advancing Science, Serving Society. Other federal programs also would not receive expected funding.
The advocacy organization is among those urging President Barack Obama and members of Congress to create a new budget-cutting plan by the end of the year. The automatic cuts, known as sequestration, were passed last year amid a crisis over the federal government's borrowing limit.
Across the country, grants from agencies such as the National Institutes of Health, NASA and the National Science Foundation are expected to be $57.5 billion, or 8.4 percent, lower than they might otherwise have been from 2013 to 2017, the report said.