The March 1st deadline for major federals pending cuts which was enabled to avoid the fiscal cliff on January 1st is now fast approaching. The cuts total $85 Billion and would mostly impact defense spending, but would also cut programs throughout the federal budget. The House has stated this week that they will not pass legislation to delay the cuts. Meanwhile, President Obama has demanded Congress pass a delay to avoid the economic impact of the cuts taking place, which was documented in a report from the Congressional Budget Office. The League has been communicating that we support a thought out, balanced approach when it comes to federal budget cuts, rather than an across the board style reduction.
Summer Minnick is Director of Policy Initiatives and Federal Affiars. She can be reached at 517-908-0301 or [email protected].