How bad will sequester be for SD?
Will San Diego suffer immediately if the federal budget cuts kick in March 1?
Roger Showley, U-T SAN DIEGO
Friday, February 22, 2013
Kelly Cunningham, National University System
Although federal spending should be reduced by even greater amounts than the sequestration, lopping off spending by such a brutish indiscriminate method damages essential operations. San Diego has already been impacted under the threat and uncertainties of such misallocated reductions. Due to the extensive network of military operations and defense expenditures throughout the region, and other federal programs over-proportionally represented locally, including the border patrol and the Coast Guard, San Diego will absorb much greater impacts from across the board funding cuts than anywhere else in the nation. We project the loss to San Diego’s economy will approach $5 billion per year.