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

  • April 24, 2015

    Today's Headlines

    HEADLINES: Today's Top Higher Education News

    In today’s headlines, The Chronicle of Higher Education profiles Arizona State University President Michael Crow and explores ASU’s plan to offer a low-cost freshman year via MOOCs. In other news, Inside Higher Ed looks at the new book on campus...

  • Financial Aid

    April 22, 2015

    Campaign to Save Student Aid Launches

    The Student Aid Alliance launches a campaign to increase awareness and spur action against congressional threats to curtail federal student aid programs.

  • Innovative Practices

    April 22, 2015

    2015 Challenge Festival Scheduled for Next Month

    ACE is co-sponsoring the weeklong convening of tech visionaries, business leaders, government officials and promising entrepreneurs in education and other fields.

  • Institutional Capacity

    April 22, 2015

    Register Now for Advancing to the Presidency

    Advancing to the Presidency, a two-day workshop scheduled for Oct.19-20 in Alexandria, VA, helps senior admnistrators prepare for the transition to the next level.

  • Leading Internationalization

    April 20, 2015

    Deadline to Apply to the Institute for Leading Internationalization Is May 1

    The Institute for Leading Internationalization, designed for administrators who have a critical role in advancing internationalization on their campuses, is scheduled for June 7-9 in Alexandria, VA.

 

 Related Content