nobody you now will feel anything anyway. in my neighborhood we’ll probably have half a dozen bankruptcies and as the HOA president I’ll have some serious paper work to do when that happens.
Cutting $85 billion from a $3.7 trillion budget does not have to result in what you describe unless Obama wants it to. I am not trying to belittle your concerns. But they will only happen if Obama wants them to happen to make a political point. We can cut 2% or 3% from the federal budget without mass layoffs.