Sequestration, government speak for automatic budget cuts, takes effect today. Here’s what you need to know:
Stateline: Automatic defense cuts will deal blow to states
Virginia Gov. Bob McDonnell has been the face of concern among state officials as automatic cuts in the federal budget begin today. Virginia is particularly vulnerable as it is home to many defense contractors, the Pentagon and the nation’s largest naval base.
Politico: Sequestration: So now what?
Sequestration officially starts Friday when the Office of Management and Budget issues a notice ordering agencies to make cuts of about 9 percent for most nondefense programs and about 13 percent for defense programs.
Washington Post WonkBlog: This is what sequestration looks like
The Bipartisan Policy Center put out a chart this summer on how the sequester would work. It shows what cuts each government program could face.
Washington Post WonkBlog: The states most and least affected by the sequester, in one chart
The Pew Center on the States has measured each state’s exposure to the sequester by calculating federal aid subject to the sequester as a percentage of the state’s total GDP.