[caption id="attachment_114489" align="alignleft" width="215"] The number of applications for competitive grant programs to all funders will increase significantly.[/caption]

You might already know that the Budget Control Act of 2011 created a Joint Commission of Congress that is charged with identifying budgetary savings of at least $1.2 trillion over the next 10 years. If a joint committee bill is not enacted by Jan. 15, 2013, an automatic spending reduction process will go in to place. Sequestration, or the cancellation of budgetary resources, will take effect on Jan. 2, 2013. Based on what...

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