a must read.............From Governing.com
''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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