AMHERST - The University of Massachusetts system largely avoided immediate spending cuts that accompanied passage of the debt-ceiling compromise in Washington last week, school officials said Monday.
But the university might not be so lucky come the next round of budget cuts, officials said, noting that UMass is highly reliant on federal money to fund the $489 million in scientific research it conducts annually.
That sentiment reflects the uncertainty that follows the resolution of the debt-ceiling crisis in Washington last week. University officials and budget analysts said Congress has yet to identify specific cuts in discretionary spending.
To read the full, original article click on this link: UMass, state brace for loses as U.S. cuts allocations; 'innovation economy' said vulnerable | GazetteNET
Author:BEN STORROW
