May 30, 2013

WE HAVE NOT YET BEGUN TO CUT:

Sequester not biting District yet (Jim Tankersley, May 29, 2013, Washington Post)

In the months since the automatic federal spending cuts known as the sequester took effect, the Washington area has added 40,000 jobs. Income-tax receipts have surged in Virginia, beating expectations. Few government contractors have laid off workers.

It's too early to be certain, but initial indications are that the damage from the sequester has been modest and slow to develop.

Posted by at May 30, 2013 7:22 PM
  

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