Archive - Mar 7, 2013 - Food and Leisure
A few weeks back, we discussed how thousands of jobs, mostly those in the areas of defense and military, would be cut as of March 1 if no deal was reached to avoid the cuts.
Last Friday, these cuts went into effect and were signed into law by our President. Nearly $1.2 trillion dollars of cuts----over 750,000 jobs----all cut over night. Not only were defense employees, budgets, and the military cut back, but so also were thousands of dollars in grant programs, which will affect many of our colleges and universities across the nation.