National News | Closings | Funerals | HighScore | Monday's Most Wanted | Local Jobs | TV Listings | Lottery | Bio's | More ›
Federal Budget Cuts Could Hit People Around Here
Written by Your 5News Team
Last updated on February 25, 2013 @ 8:07PM
Created on February 25, 2013 @ 5:40PM
In four days, automatic spending cuts could kick in if congress doesn't vote to avert them.
That means funding for many federal agencies and programs could be cut. But, what does that mean for you?

People around here could see some changes with their income tax returns or benefit checks, and even some job cuts if the sequestration kicks in.

Congress is facing several scenarios to replace the cuts.
First, they could be forced to come to an agreement to avoid a government shut down on March 2nd until they come to a decision. Officials said a shut down wouldn't be good for either party, and would waste taxpayers money.
Another option is to vote for a six month extension of the sequester until September 30th. That would just push the issue off for several months, and then it would have to be looked at again.
"Rebate checks from taxes, some things affected like that, some benefits checks and that sort of thing. If you're on the receiving end of that sort of thing, that's a real worry. Temporary jobs and that sort of thing, it's no small deal if it hits you," said David Turner, a history professor at D&E.
Turner said he doesn't think it'll be an easy fix, no matter what happens in the next four days.

Add your Comment
You must have an active WDTV.COM user account to post comments. Please login to your account, or create your free account today!

Comments (0)
5 News Most Popular
WDTV on Facebook
WDTV on Twitter
WDTV on YouTube
Contact WDTV
WDTV Mobile App