FEMA faces $900 M loss if sequestration stands

[Skidmore]

http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/29/fema-loses-nearly-900-million-if-sequester-cuts-hit/

he Federal Emergency Management Agency has a $14.3 billion budget to coordinate the national response to disaster situations like Hurricane Sandy. Should the sequester take effect, the White House estimates that the agency would lose about $878 million, largely from programs that provide direct relief to disaster victims. And even if Congress averts the sequester cuts, it has already put hard new limits on disaster relief into effect, thanks to the debt-ceiling deal.... more