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Bay Area, California to lose big if federal sequester cuts hit this week
San Jose Mercury ^ | 02/24/2013 | Mike Rosenberg

Posted on 02/24/2013 5:41:36 PM PST by artichokegrower

Just when Californians are finally feeling upbeat again about where the state is heading, here comes a fresh downer: The federal sequester cuts set to kick in this week could cost California billions of dollars and hundreds of thousands of jobs while making most of our daily lives more difficult.

The state's budget may be balanced and the economy improving, but unless congressional Republicans and President Barack Obama reach a last-minute deal, the federal government on Friday will begin slashing $85 billion this year, including about 8 percent from the Pentagon and about 5 percent from most other discretionary programs.

In California, the cuts would cost the Golden State 225,000 current and future jobs, about $670 million annually in federal grants, plus $3.3 billion in statewide military and defense revenue, lawmakers, administration officials and experts estimate. $670 million annually in federal grants, plus $3.3 billion in statewide military and defense revenue, lawmakers, administration officials and experts estimate. The University of California is anticipating 5 percent hits to its $3.3 billion federally funded research program as well as its $1.5 billion in U.S. student aid program, on top of federal cuts enacted last year. School districts around the state would also take sucker punches., on top of federal cuts enacted last year. School districts around the state would also take sucker punches.

(Excerpt) Read more at mercurynews.com ...


TOPICS: Culture/Society; US: California
KEYWORDS: 113th; bayarea; california; defensespending; demagogicparty; partisanmediashills; sequester
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"$670 million annually in federal grants, plus $3.3 billion in statewide military and defense revenue, lawmakers, administration officials and experts estimate. The University of California is anticipating 5 percent hits to its $3.3 billion federally funded research program as well as its $1.5 billion in U.S. student aid program, on top of federal cuts enacted last year. School districts around the state would also take sucker punches."

How's that in state tuition and access to financial aid for illegal aliens working out for you California?

1 posted on 02/24/2013 5:41:44 PM PST by artichokegrower
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To: artichokegrower

California home of Pelosi, Feinstein, Boxer, Pig man, Waters, Gee they would suffer? Gosh thats a tough teat isn’t it?


2 posted on 02/24/2013 5:43:59 PM PST by Venturer
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To: artichokegrower

omg these are not cuts.

this is just less of an increase.

everyone still gets more.

just damn


3 posted on 02/24/2013 5:46:23 PM PST by Principled
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To: artichokegrower

Something tells me these little guys are going to be getting a workout these next couple of weeks.

4 posted on 02/24/2013 5:49:10 PM PST by Vince Ferrer
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To: artichokegrower

“”The state’s budget may be balanced””

Since when?


5 posted on 02/24/2013 5:50:53 PM PST by Thank You Rush
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Comment #6 Removed by Moderator

To: artichokegrower

Not the Bay area!

The GOP MUST go along with Obama tax increases to stop these cuts to the Bay area. This just is not fair!


7 posted on 02/24/2013 5:52:52 PM PST by sickoflibs (Losing to Dems and Obama is not a principle! Its just losing.)
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To: artichokegrower

I imagine all those taxes currently being paid by their illegal aliens (according to the “immigrant” advocates) will be enough to bail them out.


8 posted on 02/24/2013 5:55:51 PM PST by FlingWingFlyer (Progressive, Marxist liberals do not evolve, they morph into fascists.)
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To: artichokegrower

Well now that I know this I say SEQUESTER AWAY !


9 posted on 02/24/2013 5:57:33 PM PST by Newbomb Turk ("All that is necessary for the triumph of evil is that good men do nothing.")
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To: Principled
omg these are not cuts...

But, if you add up all the individual cuts into an aggregate, it would total the entire federal budget for the year!

10 posted on 02/24/2013 6:11:12 PM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: artichokegrower
all i can say is... GOOD!!!
11 posted on 02/24/2013 6:15:27 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: Venturer
Just when Californians are finally feeling upbeat again about where the state is heading...

That is quite a claim. Did anyone tell the Californians they are finally feeling upbeat about where the state is heading?
12 posted on 02/24/2013 6:16:48 PM PST by AD from SpringBay (We deserve the government we allow.)
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To: artichokegrower

OMG! What will all the illegal aliens do now!!!?


13 posted on 02/24/2013 6:17:59 PM PST by samadams2000 (Someone important make......The Call!)
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To: artichokegrower
Bay Area, California to lose big if federal sequester cuts hit this week

For those in the Bay Area who are feeling down about it I suggest tying a steak around your neck and taking a brisk swim in the bay.

14 posted on 02/24/2013 6:24:33 PM PST by TigersEye (The irresponsible should not be leading the responsible.)
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To: artichokegrower

“The state’s budget may be balanced”

LOL, just because Governer moonbeam projects a year end balanced budget that myth is now passed along as fact.


15 posted on 02/24/2013 6:27:39 PM PST by ScottfromNJ
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To: artichokegrower

Lordy! Its 85 billion in the entire country!

The panic stories have about 5million people losing their jobs, all told.

Get a freakin grip, press corps.


16 posted on 02/24/2013 6:29:43 PM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
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To: artichokegrower
 photo inside-dvd-mrrogers2-1.jpg
17 posted on 02/24/2013 6:35:40 PM PST by Huskrrrr
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To: AD from SpringBay
Did anyone tell the Californians they are finally feeling upbeat about where the state is heading?

I think they mean the New Californians (illegal aliens). Natives have been stampeding out of the state. Obama and the libs are crying about the Sequester cuts, always saying kids will lose out, etc. But no mention of squandering billions like giving expensive jet aircraft to Egypt, among numerous giveaways to questionable nations. I'll cry about the sequester cuts if Obama stops throwing away our money.

18 posted on 02/24/2013 6:44:15 PM PST by roadcat
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To: artichokegrower
School districts around the state would also take sucker punches., on top of federal cuts enacted last year. School districts around the state would also take sucker punches.

What kind of a drug-addled illiterate buffoon writes this stuff?

Sucker punches?
School Districts around the state?
What the hell are all these incompetent school distrincts doing spending my federal tax dollars?
Local school districts get more local taxes than they deserve.

Give me a break!

19 posted on 02/24/2013 6:52:33 PM PST by publius911 (Look for the Unin label, then buy something else.)
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To: artichokegrower

Wait, wait wait...

Obama’s top advisors came up with the sequester idea, Obama liked it and pushed it, congress passed it and Obama signed it into law.

And it’s no good?


20 posted on 02/24/2013 7:05:11 PM PST by SaxxonWoods (....Let It Burn....)
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