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June 19, 2013
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Your Guide to the Sequestration HorrorsPosted on Feb 22, 2013
On March 1, the $85 billion collection of budget cuts known as the sequester could wipe out federal programs at such varied places as national parks, the Pentagon and the FBI. Hidden among those cuts are reductions in services that are crucial to Americans’ everyday lives—education, health care and jobs. The Guardian tells us what to expect. The cuts are a consequence of the so-called fiscal cliff deal reached by lawmakers led by Republicans John Boehner and Mitch McConnell with President Obama late last year. A majority of the cuts—$47 billion worth—would hit defense programs. But the public would feel the $9.9 billion cut from Medicare and the $27.8 billion reduction in “domestic discretionary programs” most. A full detailing of those programs can be seen in a “thorough but largely unreadable report” published last summer by the White House. The Guardian’s Heidi Moore writes that “[t]here are so many programs implicated in the sequester that it would take months, and a team of data scientists” to determine which will be hardest hit. Some facts are known, however. For example, public housing subsidies would be slashed by $1.9 billion, “just as the costs for household items like food and gas rise.” Some estimates say those reductions could hurt about 125,000 poor families. A few details on health care, education and jobs are available as well. Click through to get the rest of the story at The Guardian. —Posted by Alexander Reed Kelly.
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