Massachusetts Would See More Than $91.6 Million in Cuts Under Sequester: White House
Do you wonder what the 'sequester' will mean for Massachusetts? A White House report gives examples of where federal aid would be cut.
Massachusetts would see more than $91 million in federal funds cut from myriad programs if Congress fails to act this week to avoid the sequester, the Obama Administration said Sunday. In a move designed to pressure Republicans into accepting new taxes on the wealthy as part of a deal to prevent the sequester from taking effect on Friday, the White House released reports that outlined how those cuts would impact individual states, The Huffington Post reported. Here are some examples of what's on the chopping block for us here in Massachusetts, according to the report: After the reports were released, congressional Republicans criticized the Obama administration for the PR move, The Huffington Post reported. “Rather than issuing last-minute…
MHH101
10:38 am on Tuesday, February 26, 2013
You need to cut all but the most crucial expenses. Your odds of job loss, reduced benefits is real. Assume a 30% chance you will lose your job and be on unemployment. If you own a new car, sell it. Used car prices are at all-time highs, so you may make some money for the troubled time ahead. If you need a car, buy a junker and hope it runs long enough. Take public transportation, that is your … more ›