budget cuts

Proposed federal budget cuts to two major programs could translate into fewer treatments, fewer cures, fewer drug findings, fewer researchers and fewer breakthroughs in areas where the United States is a world leader, say science and health experts at Washington University in St. Louis.

While President Trump’s proposed $970 million budget cuts in the arts and humanities account for less than one-tenth of a percent of savings in the administration’s $1.1 trillion federal budget plan, the effect could gut culture and diminish quality of life across the United States if not the world, say experts at Washington University in St. Louis.

If Congress and President Obama don’t reach a compromise before the end of the year to avoid the “fiscal cliff,” it will have major consequences on Washington University in St. Louis as well as other universities and colleges across the country, say WUSTL administrators​​.

Dear Mr. President: With your economic team in transition, Murray Weidenbaum thought you could use some advice. Weidenbaum is an economist who has wrestled with federal budgets for six decades during a long career in public service and as an advisor to two presidents. Weidenbaum has prepared a list of budget cuts that calls for a new approach to fiscal restraint.