Tuesday, February 26, 2013
WNYC's Bob Hennelly discusses how the automatic spending sequester cuts will affect local services, including some of the money slated for Sandy relief.
As @bobhwnyc points out, sequester isn't a shutdown - services would gradually degrade, not stop immediately, as agencies rework budgeting.— Brian Lehrer Show (@BrianLehrer) February 26, 2013
Monday, February 25, 2013
By Yasmeen Khan
New York and New Jersey stand to lose millions in education funds if sequester cuts go into effect on March 1, and already-strapped school districts will be left to trim their budgets for the 2013-2014 school year.
Thursday, December 06, 2012
New York stands to take a $600 million hit in 2013 if Congress fails to avert automatic spending cuts slated for January, which would fall disproportionately on poor and middle-income New Yorkers, according to a new study.
Friday, July 27, 2012
By Dorian Davis
Mandatory spending cuts are on the horizon, and the party of fiscal discipline doesn't do itself any favors by running from them.
Thursday, November 18, 2010
When lawmakers are looking at ways to balance the budget, the gargantuan amount of military and defense spending would seem an obvious choice. The Fiscal Commission has found nearly $100 billion in potential cutbacks within the military apparatus by 2015, which include reducing the size of the Navy, rethinking health care benefits for veterans and pulling troops out of bases in Europe and South Korea.
Another bipartisan group, the Debt Reduction Task Force, has gone even further. They released a report on Wednesday calling for a freeze of all military spending, and reducing the number of troops in Afghanistan and Iraq to 30,000 by the year 2013. If Congress approved all of these proposed defense cuts, what effect would it have on America and its ability to defend itself in the future?