Browsing Tag 'Budget Control Act'
Here are some highlights from the latest ESA Policy News by Science Policy Analyst Terence Houston. Read the full Policy News here. APPROPRIATIONS: CONGRESS PASSES MEASURE FUNDING GOVERNMENT THROUGH FY 2013 This week, Congress passed H.R. 933, a Continuing Resolution (CR) to fund the government for the remainder of current Fiscal Year (FY) 2013, which ends [...]
Read more... Here are some highlights from the latest ESA Policy News by Science Policy Analyst Terence Houston. Read the full Policy News here. BUDGET: AGENCIES IMPLEMENT SEQUESTRATION AS POLICYMAKERS WRESTLE WITH DEBT Congress’ failure to address budget sequestration by coming up with $1.2 trillion in deficit reduction has federal agencies trimming investment priorities and beginning (reportedly in [...]
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On March 1, a series of automatic spending cuts are set to occur unless Congress produces a plan that reduces the federal deficit by $1.2 trillion. These cuts will drastically scale back federal support of scientific research, environmental protections and education and do nothing substantive to address the nation’s fiscal problems. “Scientific research reaches across [...]
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This post contributed by Terence Houston, ESA Science Policy Analyst While the taxation aspect of the fiscal cliff may have been averted, budget sequestration was merely punted until March 1, which means funding for federal agencies responsible for science and environmental initiatives remain at risk unless Congress can come up with a plan to reduce [...]
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A ticking time bomb is set to go off in January that would cost millions of jobs, stifle discretionary spending investments in disaster response, conservation, education, research and innovation as well as increase taxes on millions and potentially spur another recession – the fiscal cliff. Coinciding with the expiration of a series of tax [...]
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