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Automatic Federal Spending Cuts Loom

Come January, be prepared for fewer air traffic controllers, FBI agents, border patrol officers and park rangers, as well as lower farm and winter heating subsidies. Less meat might get inspected. Furloughs will likely sweep across the government. Even the weather service could be affected.

The looming funding crisis in domestic spending is the result of automatic across-the-board cuts that go into effect Jan. 2 because of Washington's inability -- so far -- to reach a budget deal for achieving less red ink in the future.

Source: Arizona Republic. Read full article. (link)

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