Friday, March 1, 2013
Here's how the sequestration will hit counties in New Jersey. Just click on any county and see how it will feel the pinch.
Friday, March 1
The numbers here show the federal employees by county in 2012, according to the latest figures from Eye on Washington, a DC-based lobbying firm that tracks federal employment. It compiles the data from the Office of Personnel Management, Federal Employment Statistics and the Bureau of Labor Statistics. While much has been made written on how the current sequestration battle in Washington could affect the national economy, these numbers are meant to give readers a sense of the sequestration at the local level. No one knows for certain what the sequestration cuts, some $85 billion, will mean exactly. Even if the March 1 federal cuts are enacted, the full effects would not be felt immediately. The government is required to alert impacted…
Thursday, February 28, 2013
Rutgers University professor Rosanne Altshuler discusses what the sequester is, what it would do and what programs are affected.
Thursday, February 28
Editor's note: The following story is courtesy of Rutgers Today. Deep federal budget cuts – known as the sequester – are set to take effect on Friday unless Congress and the president can come to an agreement to stop them. President Obama has painted a dire picture of the economic consequences if the across the board cuts go through, while Republicans have resisted attempts at a compromise that would involve raising additional tax revenue. Professor Rosanne Altshuler, chair of the Economics Department at Rutgers, explains how the cuts came to be, what areas of the economy will be affected and what sequester means to higher education. Altshuler is former director of the Urban-Brookings Tax Policy Center and served as Senior Economist to the…