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America Is Officially Freaking Out About Sequestration

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After lamenting in a press conference Friday that he could not do more to avert the forced spending cuts known as sequestration, President Barack Obama will sign a sequestration order sometime later in the day. 

Obama and both parties of Congress have been warning about the cuts of the sequester for the past few weeks. Local publications have also started warning about the state-by-state and community-by-community effects. 

On Friday, as the cuts were set to begin kicking in, newspapers from California to New York began bracing their readers for the effects.

The Richmond Times-Dispatch breaks down how the cuts affect the nation and the state. Virginia has created a Federal Action Contingency Trust fund to cushion against the cuts.

Source: The Richmond Times-Dispatch



In Sioux Falls, N.D., hospitals will be hit hard by Medicare cuts. Two hospitals could lose a combined $15 million this year.

Source: The Argus Leader



In South Carolina, The Greenville News rounds up reaction from local citizens fearing the uncertainty that comes with the cuts.

Source: The Greenville News



See the rest of the story at Business Insider

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