More from Joel on the President’s budget proposal. I notice that in his list he has corrected the info on adult ed and noted the increase to national leadership funding. I am going to try to wander over to CEF’s briefing this afternoon. Jeff > Begin forwarded message: > > From: Joel Packer <jpacker@cef.org> > Subject: Wednesday Update > Date: February 10, 2016 at 11:24:12 AM EST > To: Joel Packer <jpacker@cef.org> > > > 1. FY 2017 Budget: > a. Please come to our Day After Budget briefing this afternoon, from 1-3 PM in 192 Dirksen. > > b. CEF created this list <https://drive.google.com/file/d/0B19p6j32JwToTWE1OTYyYjZ2RW8/view?usp=sharing> of all ED discretionary programs showing those that are proposed for increases, decreases, frozen and proposed new programs. > > c. We also created this set <https://drive.google.com/file/d/0B19p6j32JwToaGg0SzdPREhVNWc/view?usp=sharing> of 50 education funding history charts > > d. Treasury has posted its Green Book <https://www.treasury.gov/resource-center/tax-policy/Documents/General-Explanations-FY2017.pdf> that provides details on all the revenue proposal sin the Budget. It includes details on these; > · Community college partnership tax credit > · Modify qualified private activity bonds for public educational facilities > · Simplify and better target tax benefits for education > > e. OMB Sequester Report: While the Bipartisan budget act of 2015 modified the sequester capos for discretionary spending, the sequester cuts that apply to non-exempt mandatory programs remains in force. Yesterday OMB issued OMB Report to the Congress on the Joint Committee Reductions for Fiscal Year 2017 <https://www.whitehouse.gov/sites/default/files/omb/assets/legislative_reports/sequestration/jc_sequestration_report_2017_house.pdf>. It shows that such programs will be cut by 6.9%. The Department of Education mandatory funded programs (not Pell grants which is exempt will be cut by a total of $255 million. This affects Rehabilitation Services, Higher Education Title II and Title V programs, and TEACH Grants. In addition, the student loan origination fee will increase by 6.9% > > 2. Upcoming Education hearings: None of these have yet been officially posted, and thus could be changed, but Acting Education Secretary King is expected to testify at these hearings: > a. 2/24: House Education and the Workforce: FY 2017 Education Budget > b. 2/25: House Education and the Workforce: ESSA implementation > c. 3/8: Senate HELP, I think on ESSA implementation > d. 3/10: Senate Labor-HHS-Education: FY 17 Education Budget > e. 3/22: House Labor-HHS-Education: FY 17 Education Budget > > Joel Packer > CEF Executive Director > JPacker@cef.org <mailto:JPacker@cef.org> > 202-383-0083 > 202-255-0915 (cell) > www.cef.org <http://www.cef.org/> > www.Twitter.com/edfunding <http://www.twitter.com/edfunding> > NOTE OUR NEW ADDRESS > 1341 G Street, NW > Fifth Floor > Washington, DC 20005 >