UC warns of 'distinct possibility' of billions in funding losses beyond UCLA in Trump battle
Briefly

UC warns of 'distinct possibility' of billions in funding losses beyond UCLA in Trump battle
"UC "receives over $17 billion per year from the federal government - $9.9 billion in Medicare and Medicaid funding, $5.7 billion in research funding, and $1.9 billion in student financial aid per year," Milliken wrote in the letter addressed to Sen. Scott Wiener (D-San Francisco), chair of the Joint Legislative Budget Committee. If such funds were lost, Milliken wrote, "we would need at least $4-5 billion per year to minimize the damage.""
"The University of California's top leader has raised the "distinct possibility" that financial losses due to the Trump administration's funding cuts could amount to billions of dollars and extend beyond UCLA to the entire 10-campus system, telling state legislators Wednesday that "the stakes are high and the risks are very real." Already, more than $500 million in federal grants have been suspended at UCLA. The government is asking for $1.2 billion to restore them."
The University of California faces potential losses of billions of dollars in federal funding that could extend beyond UCLA across the entire 10-campus system. More than $500 million in federal grants to UCLA have been suspended and the government is asking for $1.2 billion to restore them. UC receives over $17 billion per year from the federal government—approximately $9.9 billion in Medicare and Medicaid, $5.7 billion in research, and $1.9 billion in student financial aid. A substantial loss of these funds would require an estimated $4–5 billion annually to minimize damage and could cause program cuts, tens of thousands of job losses, and severe harm to students, patients, and Californians.
Read at Los Angeles Times
Unable to calculate read time
[
|
]