Skip Ribbon Commands
Skip to main content

 Email  Share  Print

President’s Proposal to Super Committee Contains No Higher Education Cuts

September 21, 2011

 

​President Obama on Monday submitted a plan to the Joint Select Committee on Deficit Reduction (also known as the Super Committee) that, in addition to many other provisions, contains the increased funding necessary to maintain the current maximum Pell Grant award for 10 years.

The plan proposes no cuts to spending for higher education, based on currently available details.

The president’s proposal is intended to cover the cost of the American Jobs Act (which includes $5 billion in funding for community college infrastructure, employer tax breaks and other measures) and reduce the deficit by an additional $3 trillion over 10 years. The savings come from reductions in mandatory spending including Medicare and Medicaid, the drawdown of troops in Iraq and Afghanistan and adjustments to various aspects of the tax code.

Standing congressional committees have until Oct. 13 to present other debt reduction plans to the bipartisan Super Committee for its consideration. The Super Committee then has until Nov. 23 to identify $1.5 trillion in cuts to the federal budget over the next 10 years. If Congress does not pass the committee's plan by Dec. 22, automatic budget cuts go into effect in 2013.

Other ACE News

  • September 30, 2016

    Today's Headlines

    HEADLINES: Today's Top Higher Education News

    Inside Higher Ed looks at some of the issues raised by the low endowment returns experienced by a number of institutions. Janet Napolitano, president of the University of California system, writes about free speech issues on campus.

  • Credit for Prior Learning

    September 28, 2016

    Mario Sankis, 2015 Student of the Year

    Nominate Outstanding Adult Learners for ACE’s Student of the Year Award

    ​Nominations are open for ACE’s Student of the Year Award, which honors adult learners who show qualities such as perseverance, the capacity to overcome great odds and the ability to inspire others to set high lifelong learning goals.

  • September 28, 2016

    Female leader

    Limited Space Remains for the 88th National Women’s Leadership Forum

    ​Senior-level women administrators are invited to register for ACE’s 88th National Women’s Leadership Forum, an interactive program for those seeking a college or university presidency, vice presidency or major deanship.

  • Tax Policy

    September 26, 2016

    Capitol

    ACE, Groups Submit Testimony on Endowments to House Ways & Means Subcommittee

    ​ACE and six other higher education associations submitted testimony for the record last week to the House Ways & Means Oversight Subcommittee as a follow-up to a Sept. 13 hearing on college and university endowments and their potential impact on...

  • ACE2017 - ACE's Annual Meeting

    September 26, 2016

    Joichi "Joi" Ito

    MIT Media Lab Director Joi Ito to Address ACE2017

    ​Joichi “Joi” Ito, an internationally prominent activist, entrepreneur and venture capitalist, will be the keynote speaker at the ACE2017 Monday luncheon plenary session on innovation.

 

 Related Content