Sequestration: Maryland Leaders Call It a Long Word for Economic Pain
Are Gaithersburg-area federal workers and others worried about the threat of sequestration cuts?
The sequestration talks are taking place just a few miles away and if it occurs, its effects will be felt in the Gaithersburg area, the rest of the Greater Washington area and the state, local politicians say. Gov. Martin O’Malley, in an appearance in Howard County Wednesday, said that 12,000 jobs in Maryland could be lost due to sequestration. To put that number in perspective, the governor said approximately 30,000 jobs were created in the state last year. “All of the great work that each of you does here is threatened by the uncertainty of the dysfunction in the halls of our House of Representatives,” said O’Malley. If Congress can’t reach a compromise on the approximately $84 billion in automatic cuts before Friday, they will go into …
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steve
12:39 am on Friday, March 1, 2013
Government cant manage a 2% reduction without crying about it and telling us all how the sky will fall and we are all doomed. Governement leaders are worthless. Businesses in the last four years have had to deal with 5-10-20-40-? % reducions in revenues and increases in expenses of tens of percent. Stop the crying and do some damn work. I will trade you a 2% reduction for the 12% expense … more ›