Bottom Line is rounding up reports on other Web sites about the potential effects of sequestration, the mandatory federal spending cuts scheduled to kick in on Friday. This is the latest in a series of posts.
- The National Skills Coalition is warning that sequestration would “devastate” job-training programs. According to a report the group released last week and an infographic released on Wednesday, sequestration would slash more than $450-million from federal job-training programs this year, shutting out more than two million workers from services that might help them find new jobs.
- Likewise, the Federation of American Societies for Experimental Biology cautions that sequestration will have “devastating” effects on biomedical research. The group, a coalition of biomedical-research associations, released an analysis on Wednesday that forecasts a $1.2-billion loss in research grants from the National Institutes of Health this year. Three states would lose more than $100-million each in NIH grants—California ($180-million), Massachusetts ($127-million), and New York ($104-million). The analysis also notes that NIH grants have declined every year since 2004.
- The Seattle Times reports that the University of Washington expects to lose $83-million in research funds over all, not just NIH grants, in the coming year if sequestration takes place.
- Boston’s WBUR-FM offers an overview of how concerns about the possible effects of sequestration are already hitting colleges in the area. Students are worried about retaining their Federal Work-Study support, and researchers are fretting about grants. Some colleges have committed to covering any financial-aid shortfall themselves for the coming year.