The dreaded sequester will take effect Friday. That means 85 billion dollars in cuts will be slashed across the board, because Congress failed to reach a decision on the budget.
Officials have been warning for months, how harmful the economic impacts could be when cuts are not targeted, but levied across the board.
That's exactly what's happened here. Because of that, things like the National guard, senior nutrition, immunizations for children, educational programs among many other things, will loose a lot of money.
It will impact Head Start and special education programs. The numbers aren't precise at this point, but it's estimated that $3.88 billion in cuts to special education grants would affect almost 2,000 students. It could also mean 47 special education teachers could lose their jobs. It'll also have a negative impact on Title One grants and rural education funding.
We caught up with a woman who was actually buying supplies for special education students with money from the federal government. Here's what she said.
There is some good news to all this. Certain things will be left alone. Social security, Medicaid, veteran's benefits, unemployment insurance, and food stamps won't see any cuts.