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Add comment on:Cut for the poor
Ted Rudow III, MA
The word of the month in Washington is “sequestration,” or the automatic $85 billion in spending cuts slated to take effect on March 1 unless Congress reaches a deal. What will those cuts mean in real life for the poor, unemployed, sick and children? The economic group Macroeconomic Advisers predicted that the sequester will slow economic growth by more than half a percentage point and result in the loss of 700,000 jobs.
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