Tagged: sequestration

The regional airports in Ithaca and Binghamton would both lose their air traffic controllers if federal budget cuts known as sequestration take full effect. The first round of closures begins April 7.

Unlike many other local governments in New York state, Onondaga County has weathered the recent fiscal crisis, and come out on firm financial footing. In her State of the County address Tuesday night, County Executive Joanie Mahoney credits recent budget cutting tactics for the difference.

Most central New Yorkers won't notice the impact of federal budget cuts caused by sequestration right away, according to Syracuse-area Rep. Dan Maffei. But Maffei, who was in Syracuse today to tout the bipartisan passage of the Violence Against Women Act, says everyone will feel it eventually.

The federal government's across-the-board spending cuts known as the sequester are set to kick in Friday, barring an agreement between Congress and the president. That means a big impact for defense spending, including for Fort Drum, an important regional economic driver.  

With the federal budget sequestration deadline only days away, Syracuse-area Cong. Dan Maffei opened the phone lines for a telephone town hall meeting Tuesday night.  Callers were concerned about the how these funding cuts will impact central New York if sequestration goes into effect March 1.

The automatic federal budget cuts that are slated to go into effect in March would have a big impact on programs that help the poor and elderly in Syracuse.  Advocates for these programs are urging Congress to do something to prevent the across-the-board spending cuts knows as sequestration.

New York's Senator Charles Schumer is emerging as a key player in the controversial nomination of Chuck Hagel to be the Obama administration's next defense secretary.

There is a deadline looming in Washington, D.C. that many politicians are worried could have an effect on the economy -- including some local politicians who are worried it might hurt upstate New York in particular.