Tagged: sequestration

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.

  Rich Honen from Phillips Lytle LLP joins us to discuss everything from the economy to the current state of the stock market to the attempts to limit unemployment.

BOSTON (AP) — The Pentagon says New Hampshire could be facing $5.8 million in Defense Department civilian payroll cuts if automatic government spending cuts kick in March 1.

Defense Secretary Leon Panetta told Congress on Wednesday that if a budget deal isn't reached, he may have to shorten the workweek for the "vast majority" of the Defense Department's 800,000 civilian workers. They'd lose one day of work per week, or 20 percent of their pay, for up to 22 weeks, probably starting in late April.

A long shot bid by the city of Chicopee to get into the casino competition in Massachusetts has failed. But, the city’s mayor says Chicopee does not need casino money to survive