sequester
March 5, 2014
President Obama Releases His FY2015 Budget
Yesterday, March 4th, President Obama submitted his fiscal year 2015 budget request to Congress. The Institute for College Access & Success (TICAS) has published their analysis of the budget as has the Education Policy Program at New America. TICAS states that the President’s proposal “takes important steps towards making college affordable for Americans by reducing the need to…
April 25, 2013
UW Ranks 1st among Public Schools and 2nd Overall for Federal R&D Funding
Of the nearly 900 schools that received federal money for research and development (R&D) in FY 2011, the UW ranks first among public institutions and second overall in terms of federal research funding. According to a study by the National Science Foundation (NSF), approximately 20 percent of all federal R&D support went to just 10…
March 1, 2013
Sequestration Goes Into Effect at Midnight
Sequestration will take effect tonight at midnight. While the cuts will be smaller than originally mandated ($85 billion instead of $109 billion), the impact in federal FY13 will be higher since the cuts must now be applied to only seven months instead of nine. Immediate and long-term impacts on the UW and Washington State are…
January 29, 2013
Sequester Update
Christy Gullion, Director of Federal Relations, recently provided an update on the sequester–the large, automatic federal spending cuts originally scheduled to take effect January 1st of this year, but delayed until March 1st thanks to a last-minute, bipartisan deal. For background information, please see our most recent post on the topic as well as the brief put out jointly by…
January 22, 2013
Moody’s Gives Higher Education a Negative Outlook
Last week, Moody’s Investors Service issued a negative short-term outlook for the entire sector of higher education based on its conclusion that every traditional revenue source for even the most elite colleges and universities is under pressure. That pressure, according to the report, is the result of nation-wide economic, technological and public opinion shifts, which…
January 2, 2013
Senate and Congress Reach Deal to Avert Fiscal Cliff
Yesterday, the Senate and House of Representatives approved legislation to avert the fiscal cliff. The deal postpones the automatic, across-the-board spending cuts—known as “the sequester”—by two months and increases tax rates only for individuals earning over $400,000 and couples earning over $450,000. The bill also preserves funding for Pell Grants and extends for five years the…
December 28, 2012
Fiscal Cliff Update
Christy Gullion, Director of Federal Relations, recently provided an update on the fiscal cliff–the combination of large decreases in federal spending and simultaneous increases in income taxes set to take effect January 1st. For background information, please see the brief put out jointly by the UW offices of Federal Relations, Planning & Budgeting, and Research.
December 18, 2012
Federal Budget Update
Check out Christy Gullion’s latest post about a possible to deal to avoid the federal fiscal cliff.
September 26, 2012
Possible Federal Sequester Will Harm State Budgets
The UW’s Office of Federal Relations posted information this morning detailing the federal sequester’s impact on state budgets. Read the grim summary here. The Offices of Federal Relations, Planning & Budgeting, and Research recently collaborated on a policy brief summarizing basic sequester information. Note that sequester updates are available on the Office of Federal Relations’…