MON PM Update: Mnookin directs UW-Madison leaders to cut spending amid federal, state uncertainty 

From WisPolitics ... -- UW-Madison Chancellor Jennifer Mnookin today directed schools and colleges to reduce their base budgets by 5% for fiscal year 2025-26, citing uncertainty at the federal and state levels. Mnookin wrote in a communication to faculty and staff that changes in how much the federal government will reimburse the university for administrative costs related to research could cost t...