"WASHINGTON, DC -- If Congress does not act this coming week, automatic federal spending cuts, called the sequester, will go into effect March 1 that will impact the environment. Funding for parks, energy development, travel, clean air and water, fish and wildlife protection, pollution prevention, and disaster readiness will be cut."
"Known as the sequester, the cuts will amount to $85 billion dollars over a seven-month period; 100,000 people are expected to lose their jobs and many thousands more are government employees who will be furloughed for several days each pay period.
These cuts are aimed at achieve the $4 trillion in deficit reduction that economists say we need to stabilize our finances, the White House says."
Environment News Service had the story February 24, 2013.
SEE ALSO:
"Sequester Effects On Environment: Spending Cuts Could Wreak Havoc On Science And Public Health" (Mother Nature Network)