The American Empire in a Changing World


Wednesday, September 26, 2012

''Sequestration: How a Spending Stalemate Would Affect the States''

a must read.............From

''But for state and local governments in particular, the budget cuts would have acute and tangible ramifications. The reductions, known as the "sequester," would be made across the board to a broad swath of federal spending. The cuts could not only ravage economies, but also force states to backfill funding and scale back countless safety net programs.

Under the sequester, as laid out in the resolution to the 2011 debt ceiling crisis, the cuts would be divided between defense and non-defense discretionary spending. In the next fiscal year, for example, defense-related discretionary spending would be cut $54.6 billion, or 10 percent. Non-defense would be cut $38 billion, or 7.8 percent.''

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