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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.

Students, classroom, education
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Title I funds. Title I funds help educate students whose families live below the federal poverty line. These funds could be cut for more than 2,700 schools with 1.2 million impoverished students and could 10,000 teachers and aides at risk of losing their jobs, according to the White House.

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