Accelerating Biomedical Research Act

To prioritize funding for the National Institutes of Health to discover treatments and cures, to maintain global leadership in medical innovation, and to restore the purchasing power which the National Institutes of Health had after the historic doubling campaign that ended in fiscal year 2003. 1. Short title This Act may be cited as the Accelerating Biomedical Research Act 2. Findings Congress finds the following: (1) The National Institutes of Health (referred to in this section as the NIH (2) Over the past 40 years, NIH-supported research contributed to the discovery of over 150 Food and Drug Administration-approved new drugs, new vaccines, and new indications for current drugs. (3) The application success rate is below historic averages. From 1980 to 2003, the last year of the doubling, the grant application success rate ranged between 25 and 35 percent. By 2016, the grant success rate had fallen to 19.1 percent. (4) NIH is vital to the United States economy and supports more than 400,000 jobs across the country. (5) Economists have estimated the return on each dollar of investment in NIH to generate anywhere from $1.80 to $3.20 in economic output. The Federal investment of $3.8 billion in the Human Genome Project from 1988 to 2003 helped drive $796 billion in economic output, which is a return of $141 for every $1 invested. (6) The historic doubling of Federal funding for the NIH ended in fiscal year 2003. Since that time, NIH appropriations have not kept up with biomedical inflation. (7) If NIH had kept up with biomedical inflation, NIH’s appropriation would have totaled $41.9 billion in 2018, more than $4 billion than it received. To restore funding to the 2003 post-doubling level would require Congress to appropriate $45.5 billion in fiscal year 2021, the final year of the Budget Control Act of 2011 ( Public Law 112–25 (8) High health care costs from a variety of common conditions threaten Federal, State, and local budgets, as well as the budgets of American families. Recent estimates indicate that the economic costs of Alzheimer’s disease is over $200 billion each year but will rise to over $1 trillion by 2050 unless a prevention or cure is found. In 2006, economists found that a future 1 percent reduction in mortality rates from cancer would save $500 billion to current and future Americans. A cure for cancer was estimated to save $50 trillion to Americans, more than 3 times the gross domestic product of the United States in 2012. The Centers for Disease Control and Prevention reports that annual costs from un­di­ag­nosed diabetes was $245 billion each year. And a recent study projects that by 2030, nearly 44 percent of the United States population will face some form of cardiovascular disease costing a total of $1.2 trillion between 2012 and 2030. (9) Budget cap adjustments are how Congress traditionally prioritizes areas of spending that produce economic growth and reduce costs that contribute to the Federal debt. 3. Cap adjustment Section 251(b)(2) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b)(2) (1) by redesignating subparagraph (D) as subparagraph (E); and (2) by inserting after subparagraph (C), the following: (D) National Institutes of Health (i) In general If a bill or joint resolution making appropriations for a fiscal year is enacted that specifies amounts for the National Institutes of Health at the Department of Health and Human Services (75–9915–1–1–552), then the adjustments for that fiscal year shall be the amount of additional new budget authority provided in that Act for such programs for that fiscal year, but shall not exceed— (I) for fiscal year 2019, $5,000,000,000 in additional new budget authority; (II) for fiscal year 2020, $7,000,000,000 in additional new budget authority; and (III) for fiscal year 2021, $8,400,000,000 in additional new budget authority. (ii) Definitions As used in this subparagraph: (I) Additional new budget authority The term additional new budget authority (II) National Institutes of Health The term National Institutes of Health .

Summary: Accelerating Biomedical Research Act This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to require certain adjustments to the annual discretionary spending limits for FY2019-FY2021 to accommodate increases in appropriations to the National Institutes of Health at the Department of Health and Human Services.