Federal funds for the National Endowments for the Arts and for the Humanities would remain stable under President Obama’s proposed budget for the 2014 fiscal year.
Mr. Obama’s budget proposal, released on Wednesday, would raise each endowment’s budgets by roughly $200,000, to $154.5-million for the coming fiscal year. The two endowments offer grants to colleges for research and fellowships in the arts and humanities, among other activities.
Under the federal spending cuts that took effect on March 1, known as the sequester, both endowments took budget reductions of $7-million, though Mr. Obama’s proposal does not reflect those cuts.
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