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Federal Update

Federal Update. NYSFAAA 45 Long Island, NY October 17, 2013 George Chin, Senior Federal Policy Consultant, AASCU. Federal Update. Federal Shutdown (Budget & Debt Limit) Sequestration Negotiated Rulemaking HEA Reauthorization DOMA. Federal Shutdown Deal.

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Federal Update

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  1. Federal Update NYSFAAA 45 Long Island, NY October 17, 2013 George Chin, Senior Federal Policy Consultant, AASCU

  2. Federal Update • Federal Shutdown (Budget & Debt Limit) • Sequestration • Negotiated Rulemaking • HEA Reauthorization • DOMA

  3. Federal Shutdown Deal • Government funded in the CR through January 15, 2014 at sequestration levels • Debt Limit suspended until February 7, 2014 • Budget conference to develop long term spending plans by December 13, 2013 • Income verification for recipients of subsidies for people in the health insurance exchanges • Backpay for furloughed federal workers • Requires proactive vote to disapprove debt limit

  4. What’s not in the deal • No flexibility for government agencies to make budget cuts to their programs • No repeal of extraordinary measures to manage the debt limit • No amendment to eliminate employer contributions for health plans of Congressional staff and political executive staff • No repeal or delay of medical device tax

  5. What’s not in the deal • No repeal or delay of the reinsurance rax • No repeal, replacement, or delay of any aspects of the ACA exchanges or individual mandate • No provisions related to birth control

  6. Sequestration • Intended to bring funding for discretionary programs down to spending caps by applying a reduction percentage to appropriations • Cap for FY ’14 - $967 B, FY ’15 - $995 B, FY ‘16 - $1,006 B, FY ‘17 – $1,040 B • Anticipated reduction for FY ’14 – 7.2% for non-defense discretionary programs • Pell Grants protected for FY’13 but subject to reduction for FY ’14

  7. Pell Grants • FY ‘13 appropriation - $22.8 B • FY ‘14 available mandatory - $.558 B • FY ‘14 Program Cost ($4,860 max) - $28.3 B • Accumulated Surplus - $9.8 B • Mandatory Add-on ($870) - $5.9 B

  8. Negotiated Rulemaking • Gainful Employment Committee • First Meeting – September 9-11, 2013 • Second Meeting – October 21-23, 2103 (postponed) • Consensus? • NPRM • Final Reg • Effective Date

  9. HEA Reauthorization • Senate Hearings • House Hearings • Administration/ED • External Forces

  10. DOMA • ED initiative on 2014-15 FAFSA • Unmarried Parents living together • Supreme Court ruling on DOMA • IRS Ruling on treatment of same sex marriage • Potential Changes for FAFSA processing

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