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'Burning Our Future': MIT’s Rafael Reif Warns About Research Cuts

Bloomberg•Friday, September 19, 2025 at 8:56:47 PM
NegativeFinancial Markets
'Burning Our Future': MIT’s Rafael Reif Warns About Research Cuts
MIT President Rafael Reif has raised alarms about potential cuts to federal research funding, emphasizing that such reductions could jeopardize America's innovative edge. Since World War II, the collaboration between the government and universities has been crucial for breakthroughs in various fields, including biotech. Massachusetts exemplifies the significant economic contributions of this research ecosystem, and Reif warns that losing this support could 'burn our future.' This issue matters because it directly impacts the nation's ability to lead in innovation and maintain economic growth.
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