Sequestration: How a Spending Stalemate Would Affect the States
from GOVERNING: State government news on politics, management & financ
"A self-inflicted wound" to a struggling economy. "Ham-handed cuts" nobody thought would actually happen. "The big, dumb spending cuts that no one wants." Those are just three descriptions given to the looming federal budget reductions that are scheduled to take effect Jan. 2, 2013, unless Congress stops them.
http://www.governing.com/news/state/How ... tates.html