California has its budget trigger cuts about which we have written on this blog. At the federal level, you will be hearing more as time goes by about "sequestration," a kind of trigger cut mechanism Congress created to give it an incentive to enact a "grand bargain" on federal spending and the federal deficit. Basically, if no such bargain is reached, massive defense and non-defense cuts go into effect on January 2. The idea was that the thought of such cuts would be so frightful that Congress would concoct a grand bargain instead. It hasn't worked so far. (But these sorts of things tend to work - if they work - close to the deadline.)
In any event, UCLA Chancellor Block is among various higher ed leaders who have sent a letter to the President and Congress warning of the impact on universities, should sequestration occur. You can find the letter at http://www.aplu.org/document.doc?id=3970 (His name is on page 2.)
A story on the letter's background is at
http://www.insidehighered.com/quicktakes/2012/07/12/college-presidents-warn-sequestration
Undoubtedly, there will be more and more attention to this matter as we get closer to January 2.
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