American Cures Act
Description
This bill would provide permanent funding for biomedical research at several federal agencies and exempt those funds from budget cuts.
Summary
What it does
This bill would provide permanent funding for several federal agencies and programs dedicated to biomedical research, including the National Institutes of Health and the Centers for Disease Control and Prevention. The proposal would also fund health and medical research programs within the Department of Defense and the Department of Veterans Affairs. Additionally, the bill would exempt these funds from automatic spending cuts known as sequestration and from certain statutory and Senate budget-balancing rules.
Who is affected
This bill directly affects several federal agencies and programs involved in biomedical research, including the National Institutes of Health, the Centers for Disease Control and Prevention, the Department of Defense health program, and the Department of Veterans Affairs medical and prosthetics research program. These entities would receive permanent funding and be exempt from automatic spending reductions known as sequestration. Additionally, the bill impacts federal budget oversight processes by exempting this funding from specific Pay-As-You-Go (PAYGO) rules.
Key provisions
- Permanent funding for biomedical research agencies. The bill establishes permanent funding for several federal entities, including the National Institutes of Health, the Centers for Disease Control and Prevention, and health research programs within the Departments of Defense and Veterans Affairs.
- Exemption from sequestration. The provided funding is shielded from sequestration, preventing the automatic cancellation of budgetary resources typically used to meet specific budget policy goals.
- Exemption from PAYGO rules. The bill exempts the budgetary effects of this funding from the Statutory Pay-As-You-Go (PAYGO) Act of 2010 and the specific PAYGO rules of the Senate.
Fiscal impact
Not applicable: No CBO cost estimate available
Effective dates
Not applicable: Official Summary does not address effective dates
Relationship to existing law
The bill provides permanent funding for existing biomedical research programs within the National Institutes of Health, the Centers for Disease Control and Prevention, the Department of Defense, and the Department of Veterans Affairs. Additionally, it exempts this funding from sequestration and the budgetary requirements of the Statutory Pay-As-You-Go (PAYGO) Act of 2010 and the Senate PAYGO rule.
Stated purpose
The bill aims to provide permanent funding for federal agencies and programs dedicated to biomedical research, including the National Institutes of Health and the Centers for Disease Control and Prevention. It also seeks to protect these research budgets from automatic spending reductions and specific budgetary enforcement rules.