Congress passed a budget for FY 2015 in December 2015, two months after the fiscal year started. The budget funds federal agencies through September 30, 2015. Due to a two year agreement struck between the political parties on Capitol Hill in 2013, there was some relief from the sequestration cuts in this fiscal year budget. Funding related to biophysics research is noted in the chart below.
The President released his proposed federal budget for FY 2016 in February 2016. His proposal includes increases for science agencies, which he pays for with increased income to the government due to an improved economy. Without the House and Senate agreeing to some form of sequestration relief or a lifting of the caps set by the Budget Control Act of 2011, these proposed levels of funding are unlikely to become a reality. The Society has been active in working through its coalitions and grassroots advocacy in asking Congress to provide that relief.
*NIH received an additional $238 to fight Ebola not accounted for in this number.