Transcript for Countdown to Cuts, Looming Sequester Cost Big Bucks
si days to go before the march 1st deadline when $85 billion in automatic federal rn budget cuts kick in. Talking about more forest fires, a weaker military, massive flight delays. They want more spending even a shortage of chicken. How will this political showdown really impact your bottom line? David kerley is at the white house this morning. David, good morning to you. about getting a more forest fires because of furloughed ic a even a possible shortage of meat as inspectors are told to stay home. Cuts you're talking about go the threat?Rainer. These automatic that our military could become second-rate. More forest fires because of furloughed workers. Even a possible shortage of meat as inspectors are told to stay home. Travelers could see the president says, it's a ome no-brainer.It's going to be v these automatic cuts must be averted. These cuts we have the opportunity to make right decisions.Ederal this is not a way to continue. Reporter: Some flight controllers to stay home, travelers could see 90-minute nior waits at some airports. It's going to be very painful for the flying public. Reporter: Really? These cuts are less than 2 1/2% of the total federal budget. One group has poked fun at the white house's armageddon pe scenarios. Different. Reporter: L the hardship on a whole l nt of transportation will be seniors.1 middle-class families. : A former director budget. It's less than 2% the white house doesn't like these cuts. R and they couldn't like them. Ther' bet ways to do this. Government workers will lose peothis in pay. Some services will be the depant o tras we count down the from its $74 billion budget. The it's less than 2% here. It's a lot of money, jonathan. Reporter: A lot of money. But is this just a worst-case scenario?Ere people are tired of government worke wil lose some days in pay. Some services will be cut.Li but as we count down the days to the automatic cuts, is the PUBLIC WORRIED? Repor Management by crisis is getting old.Dan, we' the crisis doesn't look real anymore. And it's come down to the la this is groundhog day where reached to punxs working. The road. Setting aside the severity of th cuts, is there any glimpse of h on the horizon to end this crisis? Governance Reporter: Not right now. Congresuse this morning. Thank you. We're going to&turn, now, to a true medical mystery. A painful and it's come down to the last fe-threatening comprmi beecd ssed if that he ns again.Ply can't eat any food.Dethen. Linzie janis is following the
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