Skip Ribbon Commands
Skip to main content

 Email  Share  Print

Senate Gives Final Approval to Budget Deal, Reversal of Some Sequestration Cuts

December 18, 2013

 

​The Senate today voted 64-36 to give final approval to a bipartisan deal setting overall funding levels for the federal government through fiscal year 2015 and partially replacing sequestration cuts with other savings. The Senate action comes after the House on Dec. 12 approved the legislation. The House adjourned for the year last week, and the Senate soon will follow suit.

President Obama has said he will sign the Bipartisan Budget Act of 2013 when it reaches his desk, which means the 12 appropriations subcommittees will have until Jan. 15 to decide on specific spending levels for individual agencies and programs for the current fiscal year.

ACE sent a letter to the Senate Tuesday ahead of the vote in support of the bill, which will set "top-line" spending and revenue figures for the next two fiscal years and partially replace the sequester (the across-the-board spending cuts triggered earlier this year following prior failures to reach a budget agreement) with other cuts and non-tax revenues (such as higher retirement benefit contributions for some federal employees and an increase in airline ticket fees).

The deal is expected to go some distance to alleviate cuts to campus-based financial aid programs and federal research agencies such as the National Institutes of Health and National Science Foundation.

Other ACE News

  • September 16, 2014

    HEADLINES: Today's Top Higher Education News

    In this morning’s headlines, The Arizona Republic, among other papers, covers a new effort by 11 universities to bolster success for low-income students. The Associated Press reports that the Obama administration will launch an effort to encourage...

  • Law and the Courts

    September 15, 2014

    ACE Releases Memo on Campus Political Campaign Activities

    With the 2014 midterm elections in full swing, the ACE has reissued its memo on Political Campaign-Related Activities of and at Colleges and Universitiees.

  • Campus Internationalization

    September 15, 2014

    flags

    New ACE Paper Explores Challenges to HBCUs in Internationalization

    The paper is the culmination of a three-year research project that was funded in part by the U.S. Department of Education, where seven HBCUs worked with ACE to develop campus-wide internationalization strategies.

  • Institutional Effectiveness

    September 10, 2014

    Class of 2014-15 ACE Fellows Begins With Weeklong Retreat in Chicago

    The 2014-15 Class of ACE Fellows explored everything from their personal leadership journey to marketing to financial management and more in the program’s five-day opening retreat late in August.

  • Institutional Capacity

    September 10, 2014

    Registration Open for ACE's 97th Annual Meeting

    Registration is now open for ACE’s 97th Annual Meeting, scheduled for March 14-17, 2015, in Washington, DC. Confirmed speakers thus far include Michael Beschloss and Paul Krugman.

 

 Related Content