Friday, March 1, 2013
Suffolk County has more than 11,000 federal employees, most of whom work in defense or veteran affairs.
Friday, March 1
The numbers here show the federal employees in Massachusetts by county in 2012, according to the latest figures from Eye on Washington, a DC-based lobbying firm that tracks federal employment. It compiles the data from the Office of Personnel Management, Federal Employment Statistics and the Bureau of Labor Statistics. While much has been made written on how the current sequestration battle in Washington could affect the national economy, these numbers are meant to give readers a sense of the sequestration at the local level. No one knows for certain what the sequestration cuts, some $85 billion, will mean exactly. Even if the March 1 federal cuts are enacted, the full effects would not be felt immediately. The government is required to …
Monday, February 25, 2013
A White House report provides examples of where federal aid would be eliminated.
Massachusetts would see more than $91 million in federal funds cut from a myriad of programs if Congress fails to act this week to avoid the sequester, the Obama Administration said Sunday. In a move designed to pressure Republicans into accepting new taxes on the wealthy as part of a deal to prevent the sequester from taking effect on Friday, the White House released reports that outlined how those cuts would impact individual states, The Huffington Post reported. Here are some examples of what's on the chopping block for us here in Massachusetts, according to the report: After the reports were released, Congressional Republicans criticized the Obama administration for the PR move, The Huffington Post reported. “Rather than issuing last-…
Saturday, February 23, 2013
Massachusetts is chock full of defense contractors, federal employees and federal program beneficiaries. Are you worried the federal budget sequester will hurt your family's finances?
The federal government has a week before its self-imposed sequestration deadline. If enacted, the across-the-board cut to the federal budget could mean layoffs, decreased aid and lower government spending. That could mean trouble for some very popular government programs, like Social Security and Medicare. Defense contractors are also preparing for lost and reduced contracts with the government. Locally, it could also doom smaller programs that have a big impact. The Low Income Home Energy Assistance Program (LIHEAP) helps families in need pay for home heating oil and other energy costs. Massachusetts stands to lose over $11 million in assistance under this one program. Representatives Ed Markey and Jim McGovern are trying to shield the …