Skip Ribbon Commands
Skip to main content

 Email  Share  Print

Business-Higher Education Forum Urges Congress to Avoid Sequestration

February 22, 2013

 

The members of the Business-Higher Education Forum (BHEF) have appealed to President Obama and congressional leaders to avert sequestration, the across-the-board federal spending cuts set to take effect March 1.

In a letter signed by members of BHEF’s Executive Committee—including ACE President Molly Corbett Broad—the association calls for a reasoned approach to balanced, long-term deficit reduction that preserves investments in research and education, particularly student aid, and spurs long-term innovation and economic growth.  

Across-the-board cuts would significantly reduce federal research budgets, hindering the innovation that is so critical to American economic development, according to the letter. The U.S. share of global research funding has declined 18 percent over the past decade and sequestration would reduce federal research finding by another 5.1 percent. To maintain competitiveness in technology and innovation, the government must make more selective cuts and protect research funding, the letter says.

The letter also discusses how sequestration would inhibit growth in STEM education and workforce outcomes, which rely on federal research funding and student aid, and would lead to a reduction in federal Title VI student aid programs. 

Other ACE News

  • July 2, 2015

    Today's Headlines

    HEADLINES: Today's Top Higher Education News

    In today’s headlines, the Los Angeles Times editorializes in favor of the U.S. Supreme Court affirming the University of Texas at Austin’s admissions policy when the court rehears the Fisher case this fall. In other news, The Chronicle of Higher...

  • Institutional Capacity

    July 1, 2015

    Apply Now for ACE’s Institute for New Presidents

    New college and university leaders from all sectors of higher education can apply now for the 2015-16 ACE Institute for New Presidents, which is designed specifically for presidents in their first three years of service.

  • Supporting Student Veterans

    June 29, 2015

    Bob Woodruff Foundation Grant Extends Program to Train College Mental Health Counselors

    A grant from the Bob Woodruff Foundation will allow ACE to extend an initiative that trains college and university mental health counselors on how to better address issues such as post-traumatic stress and suicide prevention in their work treating...

  • June 26, 2015

    Education Department Scales Back Plan to Rate Colleges

    The Department of Education (ED) announced yesterday that it has scaled back the planned Postsecondary Institution Ratings System (PIRS) first announced by President Obama in August 2013.

  • Budget and Appropriations

    June 26, 2015

    Congress Moves Forward on Education Funding

    The House and Senate appropriations committees both passed their FY 2016 Labor, Health and Human Services, and Education bills this week, and the results were somewhat mixed for higher education.

 

 Related Content