Quantum Windbag
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- May 9, 2010
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WASHINGTON -- It's looking increasingly like the government is about to impose on itself $85 billion in across-the-board spending cuts. So as part of its strategy to pressure Republicans into accepting new revenues as part of a deal to prevent the sequester from taking effect, the White House released new reports on Sunday that outline the ugly effects those cuts would have in individual states.
Each state's report is linked below. But Jason Furman, principal deputy director of the White House's National Economic Council, pulled out some state-specific examples of the ways the cuts will hurt education, national defense, public health and the economy.
In Ohio, 350 teacher and teacher-aide jobs are at risk, which means 43,000 fewer students will be served, Furman said on a Sunday conference call with reporters. In Virginia, 90,000 civilian Department of Defense employees would be furloughed. About 4,180 fewer children in Georgia would get vaccines and, in Kentucky, 400 fewer victims of domestic violence would end up being served.
Recently approved aid for Hurricane Sandy relief efforts will also be at risk, officials said, and commuters should expect more delays in airports.
President Barack Obama's deficit reduction plan, which includes new revenues in addition to spending cuts, would be a "much better course, economically and substantively" than the sequester, Furman said. The president's proposal would achieve $1.8 trillion in deficit reduction, made up of roughly $1.1 trillion in spending cuts and $680 billion in new revenues drawn from limiting deductions and closing tax loopholes for the wealthiest Americans.
Sequester Impact On States Detailed In New White House Reports
The CBO says the cuts will amount to less than $44 billion, which is less than 1.5% of the budget. I can't wait for the cuts to hit so I can laugh at all the idiots that predicted disaster.