June 3, 2013
NIH Sequestration Fact Sheet:
October 16, 2012
What does sequestration mean for federal research funding?
Sequestration, or automatic spending cuts, were passed by Congress in August 2012 and is set to go into effect January 2013. This process has implications for federal discretionary programs, including federally funded research programs.
Below is a link from the University of Michigan that explains this process and the impacts to federal spending: