sequester

Government & Politics
7:26 pm
Thu February 21, 2013

Experts: 'Sequestration' Could Hurt California's Economy

Credit Valley Public Radio

As the March 1st deadline for automatic federal budget cuts approaches, their potential effect on California is becoming increasingly clear. 

Ben Adler reports from Sacramento that “sequestration” cuts could slow the state’s economic recovery – and perhaps even create a new budget deficit.

There are two ways sequestration could affect California: direct federal spending cuts of about $4 billion dollars, and the reaction to those cuts from the state’s people and businesses. 

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