March 11, 2013
Colleges Hold Out Hope of Avoiding Steep Cuts in Funds
Will Owens, UNC Eshelman School of Pharmacy
Deep federal spending cuts that both Democrats and Republicans had hoped to avoid were set into motion March 1, as Congress failed to act in time to prevent or postpone the reductions. The $85-billion cut to the federal budget, known as sequestration, leaves colleges uncertain about how reductions in federal appropriations will affect them.
Leading up to the deadline, university leaders and advocacy groups urged Congress to head off the sequester. Both parties introduced bills in a