@nytimes tweets related to: Budget Cuts, Loom, Austerity, Government, Jobs

And the turn toward austerity is set to accelerate on Friday if the mandatory federal spending cuts known as sequestration start to take effect as scheduled. Those cuts would join an earlier round of deficit reduction measures passed in 2011 and the wind-down of wars in Iraq and Afghanistan that already have reduced the federal government's contribution to the nation's gross domestic product by almost 7 percent in the last two years.
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As Budget Cuts Loom, Austerity Kills Off Government Jobs http://t.co/CX6hoMvymT

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