Budget & Legislative Updates

Update on Legislative Landscape - October 2023 Meeting

The document provides an update on the current federal legislative and budgetary landscape as of late October 2023, with insights from organizations such as the Federation of American Scientists and the Association of American Universities. It highlights key developments in the federal budget process for fiscal year 2024 and beyond, noting the recent appointment of a Speaker in the House of Representatives, ongoing spending negotiations, and the potential for a continuing resolution (CR) extending into January or April, which may lead to across-the-board budget reductions. The update emphasizes that formal negotiations for FY24 appropriations will continue from November, with a possible reevaluation of discretionary funding levels for FY25 and an ongoing reliance on regular legislative procedures.

Additionally, the legislative landscape is characterized by a focus on several priority areas impacting research and higher education. These include heightened attention to research security, implementation of the CHIPS and Science Act, ongoing funding and policy discussions related to the National Institutes of Health (NIH), and legislative considerations surrounding emerging technologies such as artificial intelligence and quantum computing. The document underscores an environment of fiscal uncertainty alongside significant policy attention to scientific research and innovation.

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