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Federal Spending Cuts

Friday, February 22, 2013

Sequestration Could Choke Flow of Money in Maryland

Local politicians sound off on possibility of massive federal spending cuts.

  Nearly 450,000 public and private-sector jobs could be at risk if the enormous federal spending cuts--known as sequestration--go into effect on March 1, according to a recent article in the Washington Post. County executives Rushern L. Baker III of Prince George’s and Isiah Leggett of Montgomery joined their Howard County colleague Kenneth Ulman on Capitol Hill on Tuesday, imploring Congress to come to an agreement and avert the cuts. Yesterday, Patch reported on comments made by the Prince George’s, Montgomery County and Howard County executives in a release issued by all three governments. Baker likened the effects of sequestration to a virus, saying, “Sequestration would feel like a cold to most of the nation, but to [Prince George's …

Sammi

7:37 pm on Friday, February 22, 2013

Ike Leggett is a stupid BAS**** who doesn't have a clue about what this trick (sequester) is all about. Ho Hum-----go back to sleep, Leggett-----you will not notice anything and the flow of our tax dollars into the peoples republic of maryland will continue until all of you are thrown out of office.   more ›

Thursday, July 19, 2012

Maryland May See More Than 114,000 Job Losses Next Year

According to a recent report, Maryland is set to lose almost 115,000 jobs next year after federal spending cuts take effect.

If planned federal cuts take place next year, Maryland could lose nearly 115,000 jobs, according to a recently released report by the Aerospace Industries Association.  About a third of the lost jobs in Maryland would come from Department of Defense cuts, and the rest would come from cuts in professional and business services, said the report entitled “The Economic Impact of the Budget Control Act of 2011.” The National Institutes of Health (NIH) headquarters in Bethesda would likely see many of these cuts, particularly in medical research. It’s the largest employer in Montgomery County, with 17,997 federal employees, according to the state’s Department of Business and Economic Development. According to the report, about 617,449 federal …

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Avocado

4:59 pm on Tuesday, July 24, 2012

There's a rally near the US Capital Building tomorrow at 2pm about the consequences of allowing the big across-the-board cuts to go forward. Everyone is welcome http://publichealthfunding.org/index.php/action/campaigns/ndd_rally/   more ›

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