September 20, 2012
Research Advocates Raise Alarm as Sequester of Federal Budget Funds Nears Deadline
Congress heads to adjournment this week without an agreement to avoid $1.2-trillion in across-the-board budget cuts, threatening the loss of thousands of research grants and an escalation of costs for millions of college students.
The automatic cuts were established a year ago, when Democrats and Republicans could not agree on a deficit-reduction measure, to motivate compromise by setting a high price for any failure. The cuts would be imposed over a decade, covering a wide swath of