Where The Budget Cut Pain Is Really Being Felt

Sequester - NBC News

CNBC.comWhere the Budget Cut Pain Is Really Being FeltCNBC.comFlight delays from furloughs of air traffic controllers may seem like the start of the predicted doom of sequestration. But for many, the pain of the mandated budget cuts are already being felt. "The cuts are hitting some people really hard," said Joel Packer, ...Fingers point over flight delays - LaHood says it might get worse - Finance ...Politico (blog)Sequester slams air-traffic control systemExaminer.comWill sequestration affect US aviation safety?eTurboNewsFederalNewsRadio.com -Daily Caller -24/7 Wall St.all 81 news articles »

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  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • GOP boycotts health care advisory board
    House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act. More
  • US medicine spending shows rare dip
    Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • Obama signs legislation ending FAA furloughs
    President Barack Obama has signed into law a bill to end furloughs of air traffic controllers. The furloughs stemmed from the automatic, across-the-board spending cuts that started taking effect in March. Millions of air travelers were affected recently by delayed flights across the country because of the furloughs. More
  • Bill de Blasio Faces the Fury of New Yorkers, on and off “The Brian Lehrer Show”
    Responding to questions from residents of the city about police brutality and the recent protests, the Mayor offered defensiveness, denial, and bizarre false equivalence.
    06/6/2020 - 8:21 am | View Link
  • Police union calls LA mayor 'unstable,' faults budget cuts
    The outrage over George Floyd's death arrived at Los Angeles Mayor Eric Garcetti's front door in the form of hundreds of protesters gathered outside his home, loudly chanting to gut funding for the ...
    06/5/2020 - 10:27 pm | View Link
  • Travelodge’s Woes Pit U.K. Savers Against Wall Street Titans
    That’s bad news for Travelodge’s landlords, many of which are real-estate investment funds popular with pensioners, because they pay regular dividends backed by rental income. They have until June 19 ...
    06/5/2020 - 8:30 pm | View Link
  • Police union calls LA mayor ‘unstable,’ faults budget cuts | Charlotte Observer
    The police union in Los Angeles is ridiculing Mayor Eric Garcetti for referring to “killers” in comments about a proposed change in city and police spending following the death of George Floyd in ...
    06/5/2020 - 2:29 pm | View Link
  • Depleted sales tax revenue means states have to cut budgets
    With consumer spending down a record 13.6% in April and another 1.9 million unemployment claims last week, states are collecting less money in taxes. Texas, for example, collected a whopping 13% less ...
    06/4/2020 - 10:26 am | View Link
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