TOWN OF WAPPINGER – If sequestration kicks in today, aircraft operations at Dutchess County Airport could be severely impacted as Congressman Sean Patrick Maloney (D-18) said on Thursday that the control tower faces shutdown. The tower is operated by federal FAA air traffic controllers and while Dutchess has no commercial traffic, it does have corporate helicopter service as well as corporate and creational aviation users.
Maloney said sequestration will negatively impact the regional economy.
The looming automatic federal budget cuts - or sequestration - will trickle down to all parts of the economy. During a meeting on business confidence, northern New York officials predicted serious consequences for some economic sectors in the region. They are also disappointed that Congress can’t, or won’t, work to find the 2-percent cuts in the federal budget.
Republican House Speaker John Boehner Tuesday called on the president to stop using the military as a campaign prop to demand more tax hikes and start working with his own Democratic-controlled Senate to act on a credible plan to avert sequestration. Meanwhile, a Democratic Congressman from the Hudson Valley visited with officials from the U.S. Military Academy at West Point and spoke about the impending damage of sequestration on West Point.
The nation faces its latest budget crisis resulting from gridlock in Washington. On March 1, budgetary “sequestration” kicks in. Barring an unlikely last-minute deal, about $85 billion is set to be cut from military, domestic and certain health care programs beginning this Friday.
Northeastern states are looking at some large cuts in federal aid for a variety of programs including education, military and environmental protection--- IF President Barack Obama can't come to a budget agreement with Congress by March 1st.
Late Sunday, the Obama Administration released a 50-state report, a concise list of "local effects" in the event the so-called "sequestration cuts" automatically kick in.
Education and the military would take among the biggest hits in Massachusetts from the automatic cuts to the federal budget that are scheduled take hold this week absent a compromise between the White House and Congressional Republicans.
The White House Sunday issued a report that said sequestration, as the budget cuts are called, would result in about 7000 civilian defense department workers being furloughed, reducing gross pay by more than $43 million. Funding for military base operations would be cut by about $13 million.