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US Congress reaches budget deal that reduces sequester effects

DEC 11, 2013
Physics Today

Science : On 10 December, members of both houses of the US Congress presented a joint budget that, if approved, would increase discretionary spending over the next two years. The deal proposes a budget of $1.012 trillion for 2014 and $1.014 trillion for 2015. The 2014 figure is roughly midway between earlier independent House and Senate proposals and $45 billion more than would have been budgeted if cuts set by the sequester took effect in January. The deal eliminates $65 billion of the sequester cuts, which cover half of the cuts in 2014 and a quarter of the cuts in 2015. The distribution of the restored funding is roughly evenly split between military and domestic programs. This means that science funding agencies that were worried about not having their full budgets for issuing grants may not suffer cuts.

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