The following article provides a summary of the fiscal year 2013 appropriations bill that President Obama was expected to sign into law during the last week of March. Federal agencies now have clarity about their budgets for the remainder of this fiscal year (through September 30).
As a result, agencies should better be able to plan and to resume more typical grant making functionality. Of note, Congress tried to ameliorate some of the impact of sequestration by providing supplementary funding to the NIH, NSF, and NASA science and space technology budgets. Despite this, the combination of both the sequestration and the overall budget caps means that federal science agency budgets will still be smaller than they were in fiscal year 2012.
The following summary provides useful budget tables and a more detailed explanation of the budget scenario at several agencies. Please let Dean Sapiro know if you have questions about specific programs or agencies. Read the summary.