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How will the University and Scientific Community Adjust to Sequestration?

Event Details

Event Dates: 

Thursday, November 8, 2012 - 9:00am

Speaker Name(s): 

Monisha Merchant, Ben Webster, Scott Rayder

Speaker Affiliation(s): 

FOSEP Sequestration Panel
Seminar Type/Subject

Event Details & Abstract: 

To follow up on the previous presentation and discussion regarding sequestration, FOSEP is hosting a discussion panel to address the upcoming "fiscal cliff" on Thursday, November 8th at 4:00p.m.The across-the-board spending cuts poised to take place this January under the Budgetary Control Act pose an immediate risk to our nation's leadership in scientific progress, education, and defense, as well as to job creation and infrastructure development. This policy, more commonly referred to as sequestration, or the "fiscal cliff," will immediately cut $1.2 trillion from both defense and non-defense sectors regardless of who wins the election. Federal agencies such as the National Science Foundation (NSF), the National Institute of Standards and Technology (NIST), and the National Institutes of Health (NIH), which fund much of the research here on campus, could have their budgets slashed by between 7%-9%. Congress has a four-week lame duck session to craft and pass legislation to confront and avoid these cuts.FOSEP invites you to share your thoughts with university and industry leaders that will be on the panel:Monisha Merchant, Senior Advisor for Business Affairs in the office of Senator Michael Bennet (and formerly served on the CU Board of Regents)Ben Webster, CU Director of External and Government RelationsScott Rayder, Senior Advisor for Development & Partnerships at University Corporation for Atmospheric Research (UCAR)