Columbia University Senate braces for possible fiscal cliff - Margaret Mattes, Columbia Spectator

Executive Vice President for Research Michael Purdy and Loftin Flowers, assistant vice president of government affairs, warned the University Senate of the implications that Washington’s “fiscal cliff” negotiations could have on Columbia’s research enterprises at Thursday’s plenary, the final one of the semester. According to Purdy, if legislators do not take action before the automatic budget cuts take effect on January 2, the University will face an 8.2% reduction in federal research grants. “It’s a pretty stark picture,” Flowers, who gave the initial presentation, said. http://www.columbiaspectator.com/2012/12/15/university-senate-braces-possible-fiscal-cliff