A Senate subcommittee on Tuesday approved a fiscal year 2014 spending bill that supports the launch of a “Race to the Top” program focusing on college affordability and calls for a significant increase in funding for the National Institutes of Health.
The Senate Appropriations Subcommittee on Labor, Health and Human Services, and Education and Related Agencies bill set discretionary spending at $164.3 billion. The bill includes $400 million to support the Obama administration’s “Race to the Top” initiative. This is a noticeable difference from last year’s budget plan, which omitted the $1 billion the administration had requested for the initiative. The funding for the program will be an incentive for states to reduce college costs and improve academic outcomes. The subcommittee would also allocate $850 million for the TRIO programs, which help low-income, first generation college students prepare for and succeed in postsecondary education.
The Senate’s bill would also provide $31 billion to the National Institutes of Health, an increase of $307 million from last year, to fund biomedical research. The funding would allow the NIH to allocate $40 million for the new Brain Research through Application of Innovative Neurotechnologies (BRAIN) Initiative.
Under the plan, the total maximum Pell Grant would rise by $140 to $5,785.
The House has not yet introduced its version of the appropriations bill. It is considered unlikely that the two bills will be reconciled and passed. The full appropriations committee will meet on Thursday.
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