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The impacts of these cuts in the budgets for federal departments and agencies will not be as immediately apparent as will the reductions in our net pay, but they will be significant. While there have been no official numbers about how many research grants will not be made or facility upgrades delayed, there have been estimates. FYI #126 summarizes a September report by the Information Technology and Innovation Foundation (ITIF) about the immediate effect of these cuts on federal R&D and the projected impact on the US economy as follows: “ITIF predicts federally funded R&D will be reduced by 8.8 percent or $12.5 billion in this fiscal year (2013) as compared to FY 2011. This would be only the first year of such reductions; cuts of this magnitude would occur every year through 2021. In all, one ITIF calculation estimates a reduction of $95 billion in federal R&D would be made if sequestration is allowed to run its full course. “The foundation estimates the ripple effect of this reduction in research would result in a decline in the Gross Domestic Product of between $203 and $860 billion (depending on the baseline used) over nine years. The employment impacts are significant, ITIF stating ‘We estimate that sequestration of R&D would result in the US economy having approximately 200,000 fewer jobs per year between 2013 and 2016. This would result in the US unemployment rate being 0.2 percentage points higher than it otherwise would be.’ Of note, the report explains: ‘We estimate that sequestration would result in US scientific journal publications declining almost 8 percent and patents near 3 percent over the 9-year period, when compared to the Congressional Budget Office (CBO) baseline'." There are mixed messages about how close congressional and administration officials are to agree on a plan to reduce the federal deficit through a mixture of changes in entitlement programs like Medicaid, tax changes, and spending. AIP and some of its Member Societies have written to the President and key members of Congress, urging them to find a solution to avoid the January 2 sequestration. (See FYI #110.) The solution to this impasse—if there is one—will likely be in the final days of this month. And any agreement must be translated into legislation that will be passed by both the House and Senate. We are down to the wire. |
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AGU draws attention to geophysics in San Francisco
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From sea to sea: AIP Publishing visits AGU and MRS conferences in San Francisco and Boston
AIP Publishing was present at two recent conferences—AGU's 45th Annual Fall Meeting in San Francisco and the Materials Research Society (MRS) Fall Meeting in Boston. Several hundred researchers in a variety of fields—such as meteorology, hydrology, and space and plasma physics—stopped by the AIP booth at the AGU to discuss our journals. Many people expressed interest in one of AIP's newest journals, the Journal of Renewable and Sustainable Energy, by signing up for its newsletter. Journal manager Jennifer Simmerer met with distinguished scientists in nonlinear geophysics and in geothermal energy to get feedback about the future of science in both of these growing areas. Members of these communities emphasized the need for fundamental research and for established outlets for high-quality papers.
More than 700 authors stopped by the AIP booth at MRS to discuss their experience with AIP journals and to learn more about the new AIP materials science journal, APL Materials. Authors had the chance to meet new APL Materials editor Judith MacManus-Driscoll, as well as to pick up copies of the Applied Physics Letters (APL) and Journal of Chemical Physics (JCP) editor's choice collections. Visitors also received copies of the APL calendar and participated in a raffle for an iPad. Finally, APL celebrated its 50th anniversary with a special symposium, where seven distinguished speakers from among APL's most cited authors presented milestones from their respective scientific fields. |
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Greg Good, director for the Center for History of Physics, also presented a poster on the recent accession of the AGU’s archival records by AIP’s Niels Bohr Library and Archives. With these records, AIP now houses one of the most important collections for research in the history of geophysics. Greg also met with Alik Ismail-Zadeh, secretary general of the International Union of Geodesy and Geophysics (IUGG), regarding the organization of the IUGG’s all-union Working Group on the History of Geophysics.
SPS was one of 25 exhibitors at the AGU Exploration Station, a free family-oriented outreach event conducted on December 2, prior to the opening of the meeting. SPS director Toni Sauncy was joined by SPS Zone 18 councilor, Brook Haage, and five officers from the Hartnell College SPS chapter. The group demonstrated “Invisible Fields in the Universe” with a giant spandex “space time” fabric, magnetic field challenge games, and spectrum glass to explore the electromagnetic spectrum (at least the visible part!). The group stayed busy for the entire four hours, with a constant stream of inquisitive young students and their family members. |
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W-2 reporting of employer-sponsored health coverage On the last pay stub of the year, eligible employees will see MEMO code “E” with a value (employer and employee share) of employer-sponsored health care coverage; it will also appear in Box 12 code DD of their W-2. This satisfies a new IRS requirement to report the cost of coverage under an employer-sponsored group health plan. Employer-paid health coverage continues to be not taxable. According to the IRS, “This reporting is for informational purposes only and will provide employees useful and comparable consumer information on the cost of their health care coverage.” AIP employees can access their current and past W-2s online at www.ipay.adp.com. |
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Wednesday, December 19
December 24–25
December 31–January 1
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