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News and updates

What Will They Come Up With Next?

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After turning back approximately a dozen amendments during the floor debate last night, the Senate adopted by a 63 to 36 vote the debt limit bill, clearing it for the President’s signature later today.  The Treasury Department had been warning that the nation would lose its ability to pay all of its bills next Monday.  The House cleared the bill earlier this week.  

While the fight over the debt limit has become much more partisan and political recently, this year’s fight represents the closest the nation has come to actually defaulting on its debts.

Almost There…

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After much back-and-forth and a final round of negotiations last weekend, the White House and House Speaker Kevin McCarthy (R-CA) came to an agreement on a debt ceiling package earlier this week.   Yesterday evening, the House passed the legislation in a bipartisan manner, by a vote of 314 – 117.  The Senate must now take it up.

While its details are still being digested, the package contains the following provisions, among others:

  • a suspension of the debt limit until January 1, 2025 
  • essentially a freeze in discretionary spending for both FY2024 and FY2025 relative to FY2023, the current fiscal year
    • as part of the spending limits for the next two years, the legislation sets separate spending caps on “security” and “non-security” programs for the next two fiscal years
  • a mandatory cut of one percent in discretionary spending if all 12 annual appropriations are not signed into law by January 1 each fiscal year for the next two years
  • prohibition on further extensions of the student loan repayment deferrals– repayments would restart by early September

The legislation also includes a package of recissions, the details of which are still being assessed.  We will share additional information about them as they come to light.

Not surprisingly, there was drama in the House before the floor vote, as some members of the hard-right wing of the House Republicans blasted the deal.  There were questions about whether, procedurally, McCarthy had enough support to even bring the bill to the floor.  

As noted above, the bill now goes to the Senate, where both Majority Leader Charles Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY) urged support for it among their colleagues.

Read more about the developments here, here, and here. 

OSTP Virtual Public Listening Sessions on Open Science

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This week and next week, the White House Office of Science & Technology (OSTP) is hosting a series of live sessions aimed at listening to the perspectives of early career researchers on open science. OSTP is seeking input from undergraduate students, graduate students, and postdoctoral fellows as well as those involved in training and capacity building, including librarians, educators, and administrators. Participants will have the opportunity to speak during the session and should indicate their interest in doing so in the registration form.

Please visit the links below to register for any of the four upcoming virtual listening sessions. The listening sessions are as follows:

For more information on the sessions, click here.

House Appropriations Committee Begins FY24 Spending Bill Markups

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Last week, the House Appropriations Committee began the markup process for their FY24 spending bills. The subcommittees met last week and held markups on four bills — Military Construction, Veterans Affairs, and Related Agencies; Legislative Branch; Homeland Security; and Agriculture, Rural Development, Food and Drug Administration, and Related Agencies. The full House Appropriations Committee is expected to hold markups for these four bills on Tuesday and Wednesday of this week.

On the Senate side, Chair of the Senate Appropriations Committee Patty Murray and Vice Chair Susan Collins stated that they plan to begin their markups of their spending bills in June.