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“No such power was conveyed by Congress here. Indeed, Congress has explicitly limited the NIH’s authority to modify indirect cost rates retroactively.”

With UCLA’s indirect cost rate of 57%, at first glance, it appears Poe would receive an additional $142,500 in such funding.

"Congress should cap the indirect cost rate paid to universities so that it does not exceed the lowest rate a university accepts from a private organization to fund research efforts," the proposal states.

Bon said there would be indirect cost savings with a regional approach but doesn’t yet have an estimate.

On Tuesday, Mr. Biden warned that inflation could get worse before it gets better, hoping Americans will just accept that high prices are an indirect cost of fighting for Ukrainians’ freedom.