University research budgets hang in the balance (subscription required)
Crain’s Cleveland Business: If the federal government fails to create a budget deal by the end of the year, research budgets at universities will be cut dramatically. If Congress can come up with its own way to reduce the deficit, spending cuts will still happen but would not affect research budgets as drastically. “The reductions will be introduced in a much more rational fashion and over a period of time,” said Robert Miller, vice president for research.