December 11, 2013
Federal Budget Deal Would Soften Next Round of Sequester Cuts
Congressional negotiators have reached agreement on a budget deal that would set annual spending levels around $1-trillion in the 2014 and 2015 fiscal years and roll back some of the automatic spending cuts that are set to take effect in mid-January.
The agreement would soften the blow of the second round of cuts under the federal budget sequester, easing the looming hit to research and student aid.
The Chronicle Review