244491 news 1381425178 1475896505 <![CDATA[Tech Leadership Weighs Options Amidst Continuing Government Shutdown]]> The U.S. Government is closed for a second week, as the two political parties remain deadlocked on a temporary funding measure that will keep the federal government operating for fiscal year 2014. The impact of impasse is being felt around the country, and the problem is made more complex by the country’s need to increase the public debt limit by the time the current ceiling is reached, which is expected to occur on Oct. 17.

Closer to home, the working group appointed by President Bud Peterson has been charged with developing the contingency plans necessary to keep the campus fully functioning. Using the information currently available, the group has forwarded its preliminary recommendations to Institute leadership.

Financial projections show Tech to be well positioned for the month of October. The bigger question is the fiscal ramifications resulting from a continued shutdown and possible government default.

At the Institute level, leadership is looking at ways to provide temporary revenue resources to help mitigate impact and sustain the research enterprise, if it were to become necessary.

Both Georgia Tech and the Georgia Tech Research Corporation are committed to continuing necessary research activities during the federal government shutdown to the degree possible given resource constraints.

The task force will continue to meet regularly, monitor developments and update leadership and the campus on a regular basis.

]]> 2013-10-10T00:00:00-04:00 The working group appointed by President Bud Peterson has been charged with developing the contingency plans necessary to keep the campus fully functioning. Using the information currently available, the group has forwarded preliminary recommendations to Institute leadership.

]]> A statement issued Oct. 10 by the leaders of the six presidentially based higher education associations about the ongoing political paralysis in Washington, D.C. calls "on higher education institutions around the country to engage in conversations, lectures, and events, both on and off campus, that bring together students, business and community leaders, and the public."

"We believe this gradual acceptance of government dysfunction should be vigorously challenged and that each college and university can play a role in doing so."

The full transcript is available for download as a PDF from Association of American Universities website.

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