Region braces for federal spending cuts

Published



BOSTON (AP) — With the nation hurtling toward yet another key fiscal deadline, defense contractors, research hospitals and social services providers are among those in the New England region sounding the alarm over looming federal spending cuts.

Known in official governmental parlance as the “sequester,” the automatic reductions would be triggered on March 1 absent a deal involving Congress and the White House. With Republicans and Democrats seemingly as entrenched as ever in their respective positions, hopes for a comprehensive budget agreement are fading.

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