Jobless, Cities Could be First to Feel Budget Pain

By: Associated Press Email
By: Associated Press Email

Some of automatic federal budget cuts that kick in Friday could sting quickly.

Jobless Americans receiving long-term benefits could see cuts in checks by mid-March. Local governments paying off loans for public works projects could see smaller subsidies. And government workers might be opening furlough notices by next week.

The timing of the cuts has real consequences for Americans, but it also has a political ramifications.

About 2 million long-term unemployed workers could see checks now averaging $300 a week reduced by about $30. Government payments that subsidize school construction and state and local road projects would get trimmed, putting a bigger burden on local officials. Government employees could get furlough notices next week, though cuts in their work hours wouldn't occur until April.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 193182331 - 1011now.com/a?a=193182331