Doomsday scenarios are everywhere with sequestration cuts in the U.S. federal budget set to take effect Friday, March 1.
PHOENIX--Sequestration cuts in the US federal budget are set to take effect Friday, March 1, and the doomsday scenarios are everywhere.
Transportation officials predict massive airport delays; and Congressional Budget Office estimates cuts will put 750,000 people out of work.
One fear is that the cuts in the military budgets will severely damage demand for electronics and semiconductors all along the supply chain.
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