Good afternoon,
The goal of this email is to provide a regular source of useful information to staff and faculty of the University of Missouri System regarding the federal government and higher education. We have put together a list of news articles that will keep you informed of the actions taken by the executive, legislative, and judicial branch of government. These articles are meant to be informative and are not a reflection of the views or stance of the system regarding these issues.
If you would like more information regarding any of the stories we share, or if you have any suggestions, please feel free to contact Dusty Schnieders and/or Emily Lucas .
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Defense News
Defense Subcommittee Announces Field Proceeding on Military Innovation
House Appropriations Committee – June 19, 2024
The House Appropriations Committee announced the Subcommittee on Defense, led by Chairman Ken Calvert (R-CA), will hold a field proceeding on military capabilities and next-generation innovation. The event, which will also feature Congressman Steve Womack (R-AR) and Congressman Chuck Fleischmann (R-TN), will take place at the Defense Innovation Unit headquarters in Mountain View, California and bring together Vice Chiefs from the Army, Navy, Marine Corps, Air Force, and Space Force for discussions on technologies expected in the field by 2027.
Higher Education News
CBO: Cost Of Federal Student Loans Nears $400 Billion
Forbes – June 20, 2024
The Congressional Budget Office (CBO) has updated its baseline estimates of how much the federal student loan program will cost taxpayers, and the numbers aren’t pretty. The latest official estimates show that taxpayers will spend $393 billion on the federal student loan program between 2024 and 2034, or around $3,100 per household. CBO estimated there will be about 490,000 fewer students who will receive Pell Grants in FY24, compared to CBO’s FY24 estimate from their May 2023 baseline. If Congress continues providing the same discretionary Pell Grant appropriations every year, the Pell Grant reserve will now run out in FY28.
Important Dates
House Appropriations
Committee Chairman Tom Cole (R-OK) released the markup schedule for Fiscal Year 2025 appropriations bills. This schedule is subject to change.
Wednesday, June 26, 2024
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Subcommittee Markup
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Fiscal Year 2025 Commerce, Justice, Science, and Related Agencies Bill
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Thursday, June 27, 2024
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Subcommittee Markup
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Fiscal Year 2025 Labor, Health and Human Services, Education, and Related Agencies Bill
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Fiscal Year 2025 Transportation, Housing and Urban Development, and Related Agencies Bill
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Friday, June 28, 2024
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Subcommittee Markup
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Fiscal Year 2025 Interior, Environment, and Related Agencies Bill
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Fiscal Year 2025 Energy and Water Development and Related Agencies Bill
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Tuesday, July 9, 2024
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Full Committee Markup
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Fiscal Year 2025 Commerce, Justice, Science, and Related Agencies Bill
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Fiscal Year 2025 Interior, Environment, and Related Agencies Bill
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Fiscal Year 2025 Energy and Water Development and Related Agencies Bill
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Wednesday, July 10, 2024
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Full Committee Markup
- Fiscal Year 2025 Labor, Health and Human Services, Education, and Related Agencies Bill
- Fiscal Year 2025 Transportation, Housing and Urban Development, and Related Agencies Bill
- Fiscal Year 2025 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill
Reviewed 2024-06-21