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 [...]
Read more...Terence Houston Feb 1, 2013 No Comments
Here are some highlights from the latest ESA Policy News by Science Policy Analyst Terence Houston. Read the full Policy News here. BUDGET: CONGRESS PASSES BILL TO SUSPEND DEBT CEILING TEMPORARILY On Jan. 23, the House passed H.R. 325, the No Budget, No Pay Act. The bill would temporarily eliminate the debt ceiling until May 19 [...]
Read more...Terence Houston Jan 25, 2013 No Comments
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 [...]
Read more...Terence Houston Nov 30, 2012 No Comments
Here are some highlights from the latest ESA Policy News by Science Policy Analyst Terence Houston. Read the full Policy News here. BUDGET: FISCAL CLIFF TALKS CONTINUE, NO SOLUTION IN SIGHT As the fiscal cliff negotiations continue, leaders in the Republican-controlled House of Representatives and the Democratic-controlled Senate have sketched out their broad goals. Included in [...]
Read more...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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