What Will Illinois Lose in the Sequester? Lipinski Reacts
The state might take a crippling hit if Congress does not act before Friday.
Deep, nationwide cuts are geared to take place March 1. They're the first of decade-long $1.2 trillon budget cuts poised to go into effect unless Congress can compromise on a defecit-reduction plan. Here’s what Illinois stands to lose, according to the White House: U.S. Representative Dan Lipinski (IL-3) blasted the sequester that both sides must "end the blame game" and "halt the sequester" by passing the new Simpson-Bowles plan. Lipinski claims the plan would reduce the federal deficit by an estimated additional $2.4 trillion over the next 10 years through a combination of spending cuts, new revenue, and tax reform. "The sequester uses a meat cleaver when a scalpel should be used. It's not the way to go about responsibly reducing our …
