The Multibillion-Dollar Threat to Research Universities

“With each day, the so-called fiscal cliff looms larger as Congress and President Obama work to come to agreement on a federal-deficit compromise, which so far has proven elusive. Absent such an agreement by year’s end, far-reaching spending cuts will be triggered as result of the Budget Control Act of 2011, through a mechanism called sequestration …” (more)

[Michael McRobbie, Chronicle of Higher Education, 19 December]

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