Thursday, February 21, 2013

CREDIT TALK SHOW - 7 spending cuts you'll really feel



Millions of American families are bracing for the forced budget cuts that could kick in on March 1.

Some of the hardest hit would be 2.1 million federal workers who could be spending up to 22 business days at home without pay on a furlough. The impact of federal food inspectors, park rangers, airport traffic controllers and security personnel staying away from work would be felt by many more Americans.
An important caveat: Congress still has time to avert the spending cuts, and if they do take effect they aren't expected to come right away. Experts expect agencies to do all they can to delay the start of furloughs, in some cases by several months.

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