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Are You Worried the Sequester Will Affect You?

Massachusetts is chock full of defense contractors, federal employees and federal program beneficiaries. Are you worried the U.S. budget sequester will hurt your family's finances?

 

The U.S. government has a week before its self-imposed sequestration deadline. If enacted, the across-the-board cuts to the federal budget could mean layoffs, decreased aid and lower government spending. 

That could mean trouble for some popular government programs, such as Social Security and Medicare. Defense contractors are also preparing for lost and reduced contracts with the government. 

Locally, it could also doom smaller programs that have a big impact. The Low Income Home Energy Assistance Program helps families in need pay for home heating oil and other energy costs. Massachusetts stands to lose over $11 million in assistance under this one program alone. Representatives Ed Markey and Jim McGovern are trying to shield the program from cuts.

Though designed as a tool to force Republicans and Democrats to negotiate smarter deficit reduction, the threat of indiscriminate cuts has not yet led to a brokered deal.

What about your own pocketbook: Do you think the sequester will affect you? Do you work for the government or in a job that is dependent on government programs? Are you worried sequestration will hurt you financially or be a drag on the economy? Or is it bitter medicine for a country that needs to lower its debt? Tell us your thoughts in the comments below.

Related Topics: Budget, Taxes, and sequester

Joe

9:01 am on Saturday, February 23, 2013

I don't think this should be characterized as "cuts" to the budget. It is simply a slowing down of the rate of increase to these budgets.

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Nameless Conservative

9:19 am on Saturday, February 23, 2013

Correct Joe, only in federal government can you end up with more money this year than the prior one after a 'cut'. It's fearmongering pure and simple.

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marc bowlen

9:52 am on Saturday, February 23, 2013

To bad for the people receiving benefits for not working! Let them freeze to death, better them than me, I work for a living, people on welfare make bad choices in life, maybe if they lose their free benefits they will be motivated to better themselves! As far as the government, I believe all employees in state, federal and municipal government should lose their pensions and never receive another pay raise til the national debt is paid off! They created the problem and they should pay for it, not the people!

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J Smith

8:17 pm on Tuesday, February 26, 2013

What about members of Congress? Their salaries and pensions are not affected. Shouldn't they also receive cuts in their salaries? Poor people are not the only ones affected. You might be working for a living now, but due to this sequester your company might be affected and you could be one of those looking for a helping hand.

Nameless Conservative

10:02 am on Saturday, February 23, 2013

Marc, I'm certainly not one to condone seniors freezing to death but morons like Markey talk form both sides of the mouth. One says they want to help seniors while the other is hell bent to keep fuel prices high by limiting supply in order to continue high profits for large oil companies because federal government gets 40% of it.

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Lenny

10:15 am on Saturday, February 23, 2013

The President has been offered the opportunity to chose where the 85 billion in cuts Could come from by the Republican House. Maybe if the guy wasn't such a filthy liar and actually put in a little more desk time, he could take up the challenge and make the cuts instead of trying to scare seniors and consumers of beef. This a manufactured crisis initiated by the criminal thugs in the White House and unfortunately is ultimately the fault of the 50.6% of the voters who installed this regime in power. All I can say is my hands are clean, I voted for the war hero in 2008, and the successful businessman/philanthropist in 2012.

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NaemhOisin

10:36 am on Saturday, February 23, 2013

sequester shmester - the rising price of gas, food, taxes and the expense of daily living raising a family is what worries me and affects me every minute of every day - the scare tactics of the powers that be in DC do not draw me in--i am sick to death of the elite ruling class inciting fear and distrust among the masses - i am sick of fraud and entitlements by able body people who choose to live off the backs of working people and expecting to get more from the gvt the more woefully dysfunctional they choose to become - and i truly feel badly for the children caught up in the mess because they have no choice at all-what have we done?

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Cool Fusion

12:26 pm on Saturday, February 23, 2013

As some here that have already posted.. Let it be known to all rational beings that will listen .. that the US budget will actually be higher in April than March even with the sequester that is really only a shallow reduction in increases. The president is using scare mongering tactics day and night to create fear in population. If he's lying about this.. what else is he lying about? Don't answer that !!!.. they may be children in the room who will be shocked to learn how much unsustainable debt that has been loaded on their future and may be prone to self-damage themselves.

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Richard Yunker

6:38 pm on Saturday, February 23, 2013

Marc, I am a fire fighter and I pay in to my pension and signed away my right to get social security. Why do you want to take my pension?

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Sean Ward

6:30 pm on Friday, March 1, 2013

Nobody wants to take away a working mans pension. Your pension is at risk because of millions of people who live their entire life taking from the community without giving back. A single unemployed mother of three can make $70,000-$100,000 per year for life off federal, state and local welfare programs like section 8, food stamps, free cell phones, mass health and a dozen other handout programs. Do you make that much risking your life every day? Legitimate spending is being put at risk because of excessive entitlements and wasteful spending.

Richard Yunker

6:41 pm on Saturday, February 23, 2013

Also, I still have to work a second job where I still pay in to social security.

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Steve Marino

7:21 pm on Saturday, February 23, 2013

This is nothing more then an opportunity for Obama to marginalize the Republican Party in the eyes of the uninformed, and just plain stupid people. He clearly knows that the strong majority of people that follow this ass have no clue what is happening and follow him blindly as they have so far.
The problem is that we are all going to suffer from his policies, and have to date.
Romney was wrong when he said that 47 percent of America will automatically vote for this give away our future president. It appears to be over 50 percent!
To date, we have no conservative leader that can effectively explain the damage this ass is doing to the present, and future of this country as did Ronald Reagan so clearly.
This country is in trouble and in danger of going bankrupt and this ass is not even talking about cutting anything. At what point do we say that this socialist is doing this on purpose to fundamentally change this country?
( His words, not mine!)
This sequestration is a good start to move in the right direction to save this country.
Now lets see if the Republican Party is serious!

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Michael Alsup

4:37 pm on Sunday, March 3, 2013

Harry, WHile we cannot AFFORD to continue as a Nation of Working Class people pay for The 2 party 2 House System wtith limited or No Result and keep a nation Strong CAN We afford to "clean House " & to pay their Retirement and washing of Washintonian Hands and GUARENTEED bythat action NO Action No Change. Not on My Childrens Backs . Do you drive the Abe Lincholn Car or does it drive U

J.Yuma

7:41 pm on Saturday, February 23, 2013

I'm not worried about $85 billion affecting me,...I am, however, extremely worried about $17 TRILLON in debt destroying the country.

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Harry Birmingham

8:46 pm on Saturday, February 23, 2013

Naemhoisin ____ I heard that our country has more oil that can be used to make crude oil now w/o having to import crude oil as we do. Why has our cost of crude oil gone up so quickly when it is approx. $ 94 a barrel presently? When it was well over a $ 100 a barrel it didn't go up as much as it has in the past couple months. If I'm wrong tell me why we have the prices we pay for our heat and transportation usage when the crude oil available here isn't being given us to use and pay for at reasonable costs. If Washington would stop playing political games and stop big oil companies from gouging us with their oil profits and with the tax breaks they allow them we'd be a lot better off economically . I personally feel that the government should have its own refinery to service the military uses and any overage to be put on the open market. I know that sounds like making government another oil company but it would make the playing field level by being able to give any overage for open market to use. Why is it we can allow oil companies federal lands options,etc. for them to profit by oil exploration and development at our expense? I'm ticked off with the way our country is headed but most of all I'm ticked off with our elected officials for not doing our bidding as they were elected to do. Call me radical for what I've written here but I don't want to see our country go down the tubes because of them . JMHO whats yours readers?

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Sean Ward

6:38 pm on Friday, March 1, 2013

Harry, I'm generally against anything that comes out of Washington these days but one of few things I agree with is our strategic oil reserve. When the oil runs out (and it will) if we have not discovered an adequate replacement, the country holding the most of what is left is going to be the only safe place left on Earth. I want us to use what is here last. Make no mistake though. Gas and heating oil prices have nothing to do with US oil. These prices are exactly where our government wants them to be if not higher.

NaemhOisin

1:27 am on Sunday, February 24, 2013

i could be wrong about this but i do not think i am - to say that the govt reaps more profit from the high cost of oil than the oil corporations (ie taxes)--the environmental/energy policy of the left is to render oil unaffordable for mainstream America--al gore's own words that $5 a gal would be a good thing for America - but Obama disagreed ~ he thinks $10 would be better... so you tell me who is the bigger enemy - 'big oil' or BIG BROTHER?

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Harry Birmingham

6:46 am on Sunday, February 24, 2013

You could be both right and wrong. We are paying tax on fuels but it hasn't increased in tax cost as yet. The cost increase is for its production and profits. Look to see where the money trial is. " Donations" to campaigns to pay oil back in tax breaks,etc. The bigger enemy are close to both. Oil for giving and Washington officials for taking the "donations".[ Its time for the lobbyists to go isn't it?] If oil products become unaffordable we stop in our tracks as a nation. That isn't going to happen because of their continual big oil huge profits. Our letting Washington allowing them to gouge us and fill their campaign pockets is. -- N.H. is thinking about a tax increase of 15 cents in the state fuel tax . Now that is a tax increase , not a fuel cost by big oil. I hope it doesn't come to be.

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Nameless Conservative

11:25 am on Sunday, February 24, 2013

Harry, you are not connecting the dots. This isn't about highway taxes extracted from us directly at the pump, it is the fact that one of the expenses in making gasoline is the tax on the profit. If big oil company X makes a domestic profit of $10 billion - the federal government pockets $4 billion of it (for doing nothing) - and WE paid for every dime of that $10 billion at the pump. Therefore, big federal government is in collusion with big oil to keep oil profits high. It's real reason they do not want more competition to force prices lower, (and therefore margins), such as the Keystone pipeline or fracking or give small oil exploration companies the capital equipment write-offs they ought to be entitled to. BOTH big oil and federal government strive to throttle fuel supply in order to keep profits high and get more money out of us. Environment and 'climate' are complete smoke screens to their true agenda - they're thieves.

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Carolyn Costain

5:07 pm on Friday, March 1, 2013

All Big Brothers stock is in oil, Ex-president Bush family is sitting pretty on their stocks plus Georges multi- million+ pension!

Saber Walsh

6:44 am on Sunday, February 24, 2013

The cuts will effect EVERYONE. It's interesting how a White House concept suddenly has become the White House tool for pointing at the "other side." I'm so sick of this brinksmanship strategy.

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Nameless Conservative

11:48 am on Sunday, February 24, 2013

As Dr. Ben Carson pointed out - Lawyers are trained to 'win their case' using the art of persuasion (and mud slinging) - not fix things, heal our country or plan for the future like engineers, doctors or business people. Is should not be a surprise then that when we send mostly a bunch of lawyers to Washington DC - they all end up fighting each other to 'win their case', (often with the US Constitution locked away in some closet).

Brian Fitzgerald

8:01 am on Sunday, February 24, 2013

The high cost of oil is a direct result of Obama's energy policy (using the term loosely). He has practically stopped all new drilling on federal land, most of the new exploration is on private land, he has killed the Keystone Pipeline that would create tens of thousands of jobs and ensure a steady supply of energy that would benefit us and our Canadian friends up north, instead we must enrich our "friends" in the Middle East. The subsidies to the oil companies usually go to small firms that produce energy that we actually use and is DWARFED by the "green" subsidies that go to politically connected Obama friends that produces very little energy. A bunch of Academics who never had real jobs telling us how to run our economy.......................As for the Sequester, they have been talking about this for a year and half and they still can't get it done? Maybe if they had actually passed a budget in the last 4 years they would have a better handle on where the money goes. Look for them to call Central Casting and parade the most vulnerable in our society in front of the cameras, as someone stated earlier it's not even an actual cut, it a slowing of the growth of government spending, the last time year to year government spending decreased was 1954!

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J.Yuma

9:15 am on Sunday, February 24, 2013

Both political parties are responsible for the mess we are in, not only financially, but with energy, education and so on and they will not solve these problems.
Dump both parties, abolish the Federal Reserve and kill the lawyers in Washington - You want to fix things?,...think bold - not parties.

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Bill

12:50 pm on Sunday, February 24, 2013

A joke - I am amused at the way Obama has fear mongered this 2.4 % cut that he agreed to and signed to make his re-election easier. Also funny the way the lap dog press has helped him drum up fear - Draconian! Devastating! To Obama this is another way to get a tax increase/punishment on the successful to help fund his welfare state. Let the cuts happen - we have to begin to live within our means.

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Nameless Conservative

12:54 pm on Sunday, February 24, 2013

Finally! I discovered the perfect graphic to show just how absolutely silly sequester mania actually is. Discretionary spending would basically be back to the exact SAME amount as it was in 2009, (you remember those dark days when federal employees didn't even have enough money to pay someone to carry their trash out to the curb, shameful.)

http://www.nationalreview.com/sites/default/files/nfs/uploaded/u1842/2013/02/YL%20Sequester%20chart.jpg

from: http://www.nationalreview.com/corner/341106/sequester-proportion-yuval-levin

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Harry Birmingham

7:49 pm on Sunday, February 24, 2013

A tax is a tax no matter what level of government it comes from. There - probably - is no doubt the prior readers and responders are right about what they wrote. If those elected in Washington were doing their jobs we wouldn't be having these blogging conversations . Those we elected do have some if not a lot of say and I blame them for not saying and doing what we want and I blame the funding of campaign election greed from lobbyist representing big business. -- question.. Why do we bother to elect them if the president has the final say in things? Answer... They allow and make the laws and pass the bills before for the the president to sign. He can raise hell about these things but he doesn't have all the say in them whether he likes or dislikes any thing from both houses before him for signing be it a republican or democrat bill or law. We can't always blame the president for every thing that has gone on when the twits we elected are to blame for not doing the things they should for us and the stability of our country. Please don't get me wrong as I'm not a real fan of the president any more than I am of the twits in the senate and congress we have representing us.

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NaemhOisin

7:26 am on Monday, February 25, 2013

Executive Order in the hands of this man is a very dangerous thing - his own words- if congress does not do what he wants, he will bypass congress - because he believes he has that mandate from a 51% electorate

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Harry Birmingham

8:24 am on Monday, February 25, 2013

I agree with you about his being a danger regarding executive order[s]. If the congress would only stand up to him by a majority of its members saying yes or no to any thing before him that should be enough to make him pass what is before him. you say he can bypass congress with his mandate from a 51% electorate . I'm confused with that knowing we elected these twits to represent us in all things before them. How in the world are we to be heard if the twits wont listen to us and do what ever they want in regards to serving the majority of the voters demands whether it be a 51% majority or not? That is the question and why they will not do what we ,the majority, want them to do. Where is the hand shaking across the isles of congress as was asked to enable the best for us all?

Saber Walsh

8:58 am on Monday, February 25, 2013

In case anyone missed it, DoD announced yesterday that 800,000 civilian jobs will be affected by this. This is just DoD -- there's much more. Meanwhile we see our First Family golfing with Tiger Woods and hanging with the stars at the Oscars while we hear the people who we are told are the "bad, evil capitalists" saying "the guy won't talk to us." Well, the evidence seems to be there: he has too busy a schedule for this, and when he gets to it, it will be another 11th-hour "I'm going to hold citizens hostage unless you bend to what I want" act.

I am so, so, SO sick of this.

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Harry Birmingham

10:32 am on Monday, February 25, 2013

I do not think the DOD budget will be slashed. What with this world of terrorists abroad and here and with the never ending threats of war overseas we'd be crazy to slash military spending. We have a lot to contend with that and the ending of illegals entering the country and what to do with those already here. Wouldn't you or anyone else think that among these illegals are some terrorists that have slipped into the country ,I do. All the twits in Washington would be really stupid to allow slashing in these two important areas where its needed the most to protect the country. JMHO is all!!

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Kevin

11:14 am on Monday, February 25, 2013

In the mean time, as I'm a civil servant, my paycheck is being threatened with up to a 20% cut over the next 6 months. I'm not the one who decided to boost the federal deficit. The group I work in has seem budget cuts over the past three years. My available resources have dwindled and we no longer have training to maintain our skills.

And now that I have a kid in college with the expected tuition expense, they're telling me I'm going to lose pay because they can't figure out how to do what they've expected all of us to do in our personal lives: live responsibly, make sensible compromises and live to a realistic budget. I took the federal job for security at the cost of private sector opportunities with higher salary potential. And now, they're all saying that means nothing. If this is the wave of the future, good luck finding anyone with desireable skills who will take a federal job. Get accustomed to underperforming government programs and higher taxes to cover the costs. Good luck with that model.

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Bryan McGonigle2

11:43 am on Monday, February 25, 2013

Sorry to hear that your work hours might get cut.

Instead of across the board spending cuts with entitlements apparently exempted, where would you make reductions in spending?

I would start by eliminating the subsidies to Big Solar and Big Wind for super expensive energy.

I'm also in favor of replacing pensions for new government employees with 401k's.

Hector

1:16 pm on Monday, February 25, 2013

How's that Hope, Change and Forward doing?

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Nameless Conservative

3:50 pm on Friday, March 1, 2013

Well I'm here a still a hopin ... can't tell ya fer what exactly....

marc bowlen

11:08 am on Thursday, February 28, 2013

Actually the elderly all voted for Obama! Let them freeze to death! That will save this country billions! My philosophy is every man for himself at this point! I don't need the government for anything! They steal and cheat me and my family everyday! If everybody was allowed to keep their money and we had very little government, no immigration, we would all be rich and prosperous and we would have no democrat scum sucking pigs! The only way America will survive is to overthrow the government by force! It may sound crazy and insane but look around you and see everyone suffering and your country crumbling! It will only get worse!

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Rose R.

8:57 am on Saturday, March 2, 2013

No the elderly did not vote for Obama. I voted for Mitt, the man with knowledge on how to run things.
The welfare people are the ones who put him in. They want their free phones, EBT cards, free housing, free insurance that you & I have to pay for. I could go on. We had a great honest, sincere man in Mitt Romney. To bad they lied so much about him.

Alexandra Siwek

7:56 am on Friday, March 1, 2013

SHAME ON YOU. Such hatred and selfishness. It makes me embarrassed for this town. SHAME ON YOU.

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Nameless Conservative

9:32 am on Friday, March 1, 2013

Don't get too excited Alexandra, I suspect 'marc' is a 'poser'.

The TRUTH in the matter remains that the federal government will be able to spend MORE money this year than last year. How does having MORE money this year than last lead to ANY of the outrageous predictions currently being made by the left? Such is the nature of the radical left - to lie, misrepresent, vilify and scaremonger at every opportunity. It's all right out of Saul Alinsky's book "Rules for Radicals"; rules #3 and #9.

Bill

9:36 am on Friday, March 1, 2013

Cuts happen today - everyone ok? Any reports of widespread hunger or looting?

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Nameless Conservative

10:39 am on Friday, March 1, 2013

Well now that you mention it, I am a little hungry. I think I need more than only that bowl of oatmeal I had earlier but it's a matter of speculation as to how widespread this problem is within the community...

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Bryan McGonigle2

10:58 am on Friday, March 1, 2013

The Patch is now reporting that there are over 2200 federal employees in Essex County!

Stay calm, take a deep breath, and repeat after me - "RED ALERT"

Rumors that the oceans have started to rise are completely false but the earth appears to have a case of the sniffles.

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Michael Quinlan

12:03 pm on Friday, March 1, 2013

Outside of the usual hunger and looting, all is quiet.

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Carolyn Costain

5:10 pm on Friday, March 1, 2013

Oh' Come on Bill, your sounding more like Bob now!

Bill

12:29 pm on Friday, March 1, 2013

Breaking News: the Dear Leader has blamed Republicans and continued the call more more taxes. Shocker. Film at 11.

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Bill

1:26 pm on Friday, March 1, 2013

Just back from a walk in downtown Salem. All seems quiet, too quiet. I took all my money out of bank expecting a run around 4pm. Also loaded up on canned good from Market Basket. Obama would never lie or exaggerate. Never.

Sydney

3:28 pm on Friday, March 1, 2013

It begs the question ... why on earth are there so many Federal Employees? When the Government becomes too large a share of the ecomony, we all suffer. They must make work for each other.

Oh, I also forget to say that my bunker is already at capacity ... somehow, 100 liberals showed up in the last hour ... empty handed by the way :-)

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Bill

4:03 pm on Friday, March 1, 2013

Stock Market finished up - rich get richer and for that I am thankful

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Carolyn Costain

7:11 pm on Friday, March 1, 2013

"What about Bob?" He must be taking a vacation day from insulting comment.

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