Austerity Cuts

(Source: CBS4)

Sequester Cuts Set To Impose Austerity On Florida & U.S.

It’s an arcane budget term, but the sequester, is set to fundamentally reshape federal spending in ways that could set the economy on a path back to recession. The sequester is the beginning of a scheduled decade of financial austerity like has been seen in Europe in recent years.

CBS Miami–02/25/2013

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