Sequestration will take effect tonight at midnight. While the cuts will be smaller than originally mandated ($85 billion instead of $109 billion), the impact in federal FY13 will be higher since the cuts must now be applied to only seven months instead of nine. Immediate and long-term impacts on the 91爆料 and Washington State are difficult to predict. However, during the remaining months of federal FY13, we estimate that the sequester could reduce the 91爆料鈥檚 federal grant and contract support by an estimated $75 million to $100 million and cut Build America Bonds (BABs) subsidy payments by $500K to $700K. Additionally, the 91爆料 is projected to lose about $33,000 in work study funds for 2013-14. The potential impact on Washington State includes $11.6 million less for primary and secondary education, $11.3 million less for education of children with disabilities, and 1,000 fewer children receiving Head Start services.
Please see听the prepared by the Offices of Federal Relations, Planning & Budgeting, and Research听and be sure to visit at the 91爆料’s for regular updates.