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Federal cuts won’t be kind to other entities

December 21, 2012
Gary Andersen, Lee Smith , Fairmont Sentinel

The "fiscal cliff" that faces the federal government and the nation's economy has largely been a Washington-centered debate. It pits Democrats who want higher taxes on the wealthy against Republicans who want to see long-term spending reductions. President Obama and House Speaker John Boehner are negotiating, to little avail as they face a Jan. 1 deadline. On that date, tax breaks will expire for millions of Americans and cuts in spending will kick in. These cuts will fall disproportionately on the nation's military.

 
 
 

 

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