Deficit Supercommittee's Failure Triggers Steep Cuts for Education and Research

The panel's failure to produce a deficit-reduction plan triggers across-the-board cuts of roughly $1-trillion in discretionary spending over nine years, starting in the 2013 fiscal year. Unless Congress finds a way around the process, the Education Department's budget will be slashed by $3.54-billion in 2013, according to the Committee for Education Funding, an advocacy group. Deficit Supercommittee's Failure Triggers Steep Cuts for Education and Research