UM System prepares for consequences of potential federal cuts

Wednesday, December 5, 2012 | 6:00 a.m. CST; updated 6:46 a.m. CST, Thursday, December 6, 2012

COLUMBIA — With little progress in "fiscal cliff" negotiations between the White House and Congress, the specter of sequestration — of deep cuts to federal spending including federally supported research and student-aid programs — looms less than a month away.