Spending cuts Americans will feel the most
POSTED: 10:18 AM PST Feb 21, 2013
UPDATED: 11:46 AM PST Mar 01, 2013
With no deal in place in Congress, $85 billion in sweeping federal spending cuts will take effect today, targeting everything from defense to education. Here's where Americans will really feel the impact of the cuts.
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Scientific research. The National Institutes of Health would need to delay research projects and wouldn’t be able to give as many awards, and the Food and Drug Administration will likely be forced to delay drug approvals with fewer resources. The National Science Foundation would also give 1,000 fewer research grants, which the White House estimates would impact up to 12,000 scientists and students.
