Vermont learns more about coming federal cuts
Analysts for the Legislature and Shumlin administration are projecting the federal cuts will mean $1.25 million in cuts to state programs through the remainder of this fiscal year, according to reports. In fiscal 2014, which starts July 1, lawmakers will have to deal with $9.3 million in federal cuts, and $15 million in cuts are being projected for the following year.
One immediate impact of the automatic federal budget reductions that began taking effect March 1: anyone on extended unemployment benefits will see them shrink by 10.7 percent as of the checks due next Wednesday.
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