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Economists warn Trump's research cuts could have dire consequences for GDP

President Trump has proposed slashing federal scientific funding. Economists say the long-term consequences could be dire.

May 8, 2025 - 10:03
 0
Economists warn Trump's research cuts could have dire consequences for GDP
The International Space Station serves as an orbiting scientific laboratory where astronauts conduct experiments. The Trump administration has proposed cutting its budget by roughly $500 million and reducing research at the outpost.

President Trump has proposed slashing federal scientific funding. Economists say the long-term consequences could be dire.

(Image credit: AP)

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