From the National Association for Business Economics (NABE):
[t]he U.S. House of Representatives was considering an appropriations bill for Commerce, Justice, Science, and Related Agencies (H.R. 5326) that would drastically reduce funding for the Census Bureau and make participation in the American Community Survey voluntary.
... Regrettably, the legislation ultimately passed the House along party lines and was much more damaging than originally proposed. In its current form, H.R. 5326 will "devastate" the nation's economic statistics.
Specifically, the legislation will:
- Terminate the American Community Survey;
- Cancel the 2012 Economic Census; and
- Halt development of cost-saving measures for the decennial census.
Chinn points out that this would be devastating for researchers such as himself. It would also be a hell of a blow to business analytics people like me who use this data on a daily basis all to save a trivial sliver of the federal budget.