Information On Sequestration
The Budget Control Act (BCA) of 2011 was passed by Congress in response to ballooning federal budget deficits. The BCA reduces the deficit by $2.8 trillion over 10 years through the creation of budget caps on discretionary spending combined with spending cuts. While the BCA envisioned a negotiated process to achieve the spending cuts, the bill contained a provision for “sequestration” of funds beginning on January 2, 2013 if no negotiated agreement was reached. The American Taxpayer Relief Act of 2012 postponed sequestration until March 1, 2013. In addition to delaying the start of sequestration, this act reduced the immediate impact of the sequestration. Current estimates are that sequestration will result in about 5% across the board budget cuts for the remainder of this fiscal year and reductions of about 7% in defense spending.
While all federal research granting agencies will be required to cut spending, individual agencies have been given broad latitude in implementing the cuts. Below are links to specific agency information that has been issued regarding the implementation of the sequestration:
NIH: Operation Plan in the Event of a Sequestration
http://grants.nih.gov/grants/guide/notice-files/NOT-OD-13-043.html
NSF - http://www.nsf.gov/pubs/2013/in133/in133.pdf
Centers for Disease Control: CDC Update on Sequestration Impacts
Department of Defense: Update on Negotiations of FY12 Applications Recommended for Funding
Department of Energy: DOE Letter
Department of Justice: Potential Budget Sequestration
Health Resources and Services Administration: Important Information regarding your HRSA grant
NASA: CAO Ltr to Ctrs
Office of the Assistant Secretary of Health: OASH Grantee Sequestration
Small Business Administration: SBA
SRA International has launched a Sequestration Research Center with additional information:
Sequestration Resource Center
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