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http://www.federaltimes.com/article/...ter-plans-soon

Basically means if you work as a civil servant for the US Government, and congress doesn't pass a budget by 1 March 2013, all government employees will be sent home without pay.

The sequestration is an automatic budget cut that will affect all US departments (DOE, DOD, etc)

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Originally Posted by pinkfrosty

Since you're down by Pax river I'm assuming you know what this is gonna mean for the local Delmarva enconomies. I heard Gen Dynamics is already exepcting something like a 2 Billion budget gap.

Yea, I'm hearing some bad things for workers down here. Which will then kill the local economies. I know the entire region here thrives off the Pax River base. I didn't hear about the Gen Dynamics yet, I know the companies are responsible for contractor employees who aren't fed employees.

So if employees salaries are cut by 20% then people will no longer:

Go out to eat
Buy a house
Buy a car
etc
etc

Doesn't look good here.

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Originally Posted by pinkfrosty

I think what you meant is they won't be able to goblow their paycheck at Brass Rail and Tiki Bar every weekend. It's St Mary's county after all lol.

HAHA.. you got me. Even though I've never been to Brass Rail. I tend to go to the Green Door more often. I can't believe someone here knows the local joints of St. Mary's county. There are some real winners here in the area.

But seriously, this sequestration is going to suck for many folks here on the civil servant and contractor side. Just hope the inept congress can pull something together to avoid the disastrous cuts.

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So... if you are a federal employee you are pretty much f*cked.

Furlough notices are going out as we speak.