USPTO Eyes Tough Choices If Sequester Cuts Continue

Law360, New York (August 15, 2013, 4:22 PM EDT) -- The U.S. Patent and Trademark Office expects to reduce this year's budget by between $120 million and $135 million due to the federal sequester, and finding more places to cut may prove difficult if the overarching budget woes continue into the next fiscal year, officials said Thursday.

Speaking at a meeting of the office's Patent Public Advisory Committee, USPTO Chief Financial Officer Tony Scardino said that to date, $95 million worth of USPTO fees has been set aside under the congressionally mandated cuts. Information technology spending...
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