To: AASCU Presidents, Chancellors and Government Relations staff
From: Ed Elmendorf, Senior Vice President of Government Relations and Policy Analysis
Makese Motley, Assistant Director of Federal Relations and Policy Analysis
Barmak Nassirian, Director of Federal Policy Analysis
Re: Federal Update
Continuing Resolution/Debt Ceiling
Two significant congressional actions are imminent and both affect government funding. At midnight on September 30th,
the current continuing resolution to fund the federal government will
expire. In mid-October the government’s borrowing authority commonly
known as the debt ceiling will expire. As of this writing, House GOP
leaders are attempting to work on a compromise resolution that most
members of the GOP caucus can sign onto. On Friday,
a stop gap spending bill will be brought to the House floor for a vote,
followed by a vote on raising the debt ceiling early next week. The
stop gap spending bill
would include language defunding the 2010 health care law and would
expire on December 15, 2013.
debt-limit bill will include language to mandate goals for a revision
of tax law, cuts in entitlement programs, a proposal to require the
Treasury to pay principal and interest due on debt held by the public
before making other payments assuming that the debt ceiling is reached.
Defunding of the 2010 health care laws is also included in the debt
ceiling bill. President Obama and Senate Democrats have made clear that
defunding the healthcare law is a nonstarter. They have also indicated
that in the case of the debit ceiling, they are not prepared to
Based on AASCU’s conversations with the Hill, we believe that the government will
shut down on October 1.
It appears that we are at a fiscal impasse that could potentially be
drawn out over several months and it is expected that these negotiations
will go right up to the September 30 deadline. We will keep your informed as things develop.
Host an Affordable Care Act (ACA) Educational Forum on Campus
In an effort to
educate all campus community members on the Patient Protection and
Affordable Care Act of 2010 and the health exchange marketplaces opening
on October 1,
the Obama Administration is seeking institutions that are interested in
hosting educational forums on the new health care law. These forums
would be unique to each institution and would have Obama Administration
officials present. Currently, 16 AASCU institutions have agreed to host
forums with more expected to sign up.
Those interested in hosting an educational forum should contact
Makese Motley, AASCU Assistant Director of Federal Relations and Policy
Analysis, at firstname.lastname@example.org or by phone at 202-478-4652.
a conversation about higher education, James Kvaal, Deputy Director of
the National Economic Council at the White House, indicated that the
Administration intends to modify the College Scorecardby
adding mean and median earnings data for their graduates. The mechanism
for obtaining these data will be the same as the Administration’s
proposed “gainful employment” metrics, i.e., average earnings reported
by the Social Security Administration. AASCU will monitor developments
and keep members apprised of developments on this critical topic over
the coming months.
The Consumer Financial Protection Bureau intends to follow up on its Request for Information on Financial Products Marketed to Students
by hosting a forum on “Banking on Campus” later this month. We urge you
to review the series of questions in the CFPB RFI and would appreciate
hearing from you about any issues or concerns you may have regarding the
Stay Connected with Federal Policy Updates!
Assistant Director, Federal Relations and Policy Analysis
(202) 478-4652 email@example.com
American Association of State Colleges and Universities 1307 New York Avenue NW, 5th Floor, Washington, DC 20005 p 202.293.7070 | f 202.296.5819 | www.aascu.org
Created by Claudia DiMercurio (firstname.lastname@example.org) on Monday, September 23, 2013 Modified by Claudia DiMercurio (email@example.com) on Monday, September 23, 2013 Article Start Date: Monday, September 23, 2013