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The idea of slashing federal spending for most Americans is a lot like losing weight or eating more vegetables — sounds great as an abstract aspiration, but not so easy when it gets down to the details.
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Those who serve low- and middle-income people warn that cuts required by the looming sequester will hurt programs that many Americans rely on, like meals for seniors, heating assistance and nutritional aid for expectant mothers. But supporters of the sequester say those fears are overblown.
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As Friday's deadline approaches, we're pointing to stories that should help everyone get ready. Today's choices: "Sequester, never heard of it;" "when will the cuts be felt;" and "is Obama telling the truth?"
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Colorado stands to lose an estimated $85 million if Congress and President Barack Obama don’t reach a deal by Friday. The budget cuts - known as…
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The political stakes are high for both Congress and the president, while some GOP governors are turning up the heat on House Speaker John Boehner.
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The nation's governors said the automatic spending cuts would hurt state governments, as congressional Republicans and Democrats continue to blame each other for the impasse. Without a last-minute deal, the across-the-board spending cuts go into effect March 1.
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They've been everywhere this week: dire warnings about threats posed by across-the-board federal spending cuts. But what's the real story? Here are the answers to four burning questions about the cuts known as "the sequester."
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If across-the-board federal spending cuts go into effect March 1, the F-16s will be taking fewer flights from Shaw Air Force Base. And nearby, the Head Start program would have to cut 50 kids. But some residents are wondering if the whole thing is just hype.
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Federal programs, including many that provide health care, could soon be hit with deep cuts to their budgets. Agencies won't close, but services ranging from food inspections to vaccinations could be cut back. And the health care industry warns that half a million jobs could be lost within a year.
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It's widely accepted that indiscriminate spending cuts in defense and domestic programs due to start March 1 are likely to occur owing to the failure of President Obama and the Republican-led House to reach an agreement. But where voters will place most of the blame is still an open question.