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Federal Spending

Tuesday, February 26, 2013

Sequester: Job Losses, Spending Freezes May Hit Florida Hard

As the deadline looms for $85 billion in federal spending cuts to kick in, take a look at what impacts might be felt in New Port Richey and Florida as a whole.

While politicians in Washington, D.C., continue a blame game over who is responsible for the $85 billion in federal spending cuts that automatically kick in this Friday, March 1, if action isn’t taken, state and local politicians are sounding off about the cuts and what they could mean to New Port Richey and Florida as a whole. State Sen. John Legg, R-Lutz, says the cuts on the federal level could cause Florida to have to freeze spending in some areas. If the sequester kicks in with across-the-board federal spending cuts, “Florida must immediately look at all our core services and find a way to freeze all other spending until rational minds prevail,” Legg said. Even so, Legg hopes a last-minute fix will be found. “It is my hope that …

Jason Smith

12:19 pm on Wednesday, February 27, 2013

"Until Rational minds Prevail" is right Mr. Legg...this is crazy. Florida is already hurting as it is because of crazy ideological laws that strangle state and local governments from raising revenue. The unfortunate and hypocritical part of this is that Republicans who run our state helped put into power the congress causing this sequester. The party of "we hate government" and "make government …   more ›

What is the Sequester?

Not sure what all the sequester hoopla is about? This primer should help sort out why the $85 billion in federal spending cuts might start kicking in Friday, March 1.

As elected officials in Washington, D.C., continue to wrangle over the budget and deficit, some Floridians find themselves trying to figure out just what the sequester is and what the $85 billion in federal spending cuts might mean to them. The sequester was agreed to back in 2011 as part of the Budget Control Act. The agreement stated if Congress couldn’t reach a deal to cut spending and reduce the federal deficit on its own, the across-the-board cuts would go into effect, according to Forbes. Fast forward to 2013 and there’s no deal in sight. The Democrats want to see a combination of spending cuts and tax increases enacted. The Republicans say there have been enough tax increases already and budget woes should be handled through more …

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