All hands meeting Budget discussion P. Oddone, February 15, 2011

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All hands meeting Budget discussion P. Oddone, February 15, 2011. Why this meeting?. I have many calls from the press and others regarding the consequences of various budget scenarios I want to talk to you first, before you read what I have to say in the newspapers
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All hands meetingBudget discussionP. Oddone, February 15, 2011Why this meeting?I have many calls from the press and others regarding the consequences of various budget scenariosI want to talk to you first, before you read what I have to say in the newspapersThere are two main scenarios to discuss: the FY12 President’s Budget Request for HEP and the recently proposed 20% cut to Office of Science in FY11P. Oddone, All-hands meeting, February 15, 2011The bad news first……The House is debating the FY11 budget and the Committee on Appropriations has come through with $100B in cuts to domestic spendingThe cuts respond to powerful forces to restore fiscal balance to the Federal budget. The deficit is estimated for FY11 at $1.5 trillion or about 10% of GDP (it will also add 10% to total debt)P. Oddone, All-hands meeting, February 15, 2011From Congressional Budget Office: P. Oddone, All-hands meeting, February 15, 2011Budget deficitWould decrease to tolerable levels in 3-4 years by the CBO projections if:
  • Economy recovers to historical standards of growth
  • Laws stay without changes, i.e. taxes enacted first in President Bush’s era are allowed to expire after their present extension
  • P. Oddone, All-hands meeting, February 15, 2011Budget deficitThese are two big assumptions. If they are not correct, the debt keeps increasing at a relatively fast pace. So limiting outlays is the call of the day on both sides of the isle:
  • President’s freezing of non-defense discretionary spending
  • Proposed cuts in the House budget also on non-defense discretionary spending
  • Non-defense domestic spending is only 12% of the budget so the actions above won’t solve the problem but they are a start P. Oddone, All-hands meeting, February 15, 2011What does a 20% cut in FY11 mean?It comes halfway through the fiscal year so it would amount to a 40% cut on the rate of expenditures for the remainder of the year. Impossible to accommodate such cuts without major disruptions:
  • Stop operation of all accelerators immediately
  • Stop most procurements for remainder of year
  • Slow down projects to barely keep-alive levels
  • Furlough staff for roughly two of the remaining six months
  • Prepare layoffs of 20% of the staff or 400 employees
  • P. Oddone, All-hands meeting, February 15, 2011What does a 20% cut in FY11 mean?There would be similar effects on all other Office of Science laboratoriesIt would be a major blow not only to particle physics but to US science overall, with thousands of layoffs, many projects terminated, and a very difficult recoveryWe have to make the consequences of these cuts evident if we are to prevent them. We have support from our representatives and our stakeholdersP. Oddone, All-hands meeting, February 15, 2011Now for the better newsYesterday the President released his FY12 budget request to CongressWithin the overall freeze of domestic spending there were major increases in the Office of Science budget for three areas that contribute to clean energy technologies: Basic Energy Sciences (BES), Biological and Environmental Research (BER), and Advanced Scientific Computing Research (ASCR)P. Oddone, All-hands meeting, February 15, 2011Office of Science in the PBR P. Oddone, All-hands meeting, February 15, 2011Laboratory projectionP. Oddone, All-hands meeting, February 15, 2011Laboratory projectionThe FY12 budget is very tight and less than what we would have hoped forPlaying on this is the uncertainty in the DUSEL situation and whether new starts will be allowed in a FY11 CRGiven all the factors and the tremendous emphasis on research tied to green energy, we would still have a good budget that will allow progress in all our projectsP. Oddone, All-hands meeting, February 15, 2011
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