February 7th, 2013
03:09 PM ET
5 years ago
Washington D.C. jobs: Ground zero for budget cuts
Washington (CNNMoney) - Washington, D.C., is ground zero for federal jobs. Which means, residents better prepare for layoffs and furloughs.
Come March 1, if Congress fails to act, the so-called "sequestration" would slash $85 billion from federal budgets through Sept. 30, part of some $1.2 trillion dollars in cuts expected over the next decade.
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Meanwhile, the GOP/Teatrolls are demagoguing the jobs that would be lost in gun and defense manufacturing while proposing to eviscerate the office employment for programs such as Medicare, Medicaid, SS, the EPA, etc. Hypocrisy is their bread and butter.