Wed., February 27, 2013 3:18pm (EST)

Georgia Braces For Federal Cuts
By Associated Press
Updated: 1 year ago

ATLANTA (AP)  —  
A state-by-state account from the White House says Georgia could, among other items, lose $233 million in Army base support.
A state-by-state account from the White House says Georgia could, among other items, lose $233 million in Army base support.
Mandatory spending cuts will hit many federal programs beginning Friday unless President Barack Obama and Congress avoid the so-called sequester.

But Georgia officials say the effects here are not immediately clear.

A state-by-state account from the White House says Georgia could, among other items, lose $233 million in Army base support; $190 million in pay for Department of Defense employees; $28.6 million in K-12 education support; and money that pays for immunizations, environmental management and meals for needy seniors.

Two big-ticket federal programs — Social Security and Medicaid — are exempt. So are Pell Grants, school nutrition and federal highway construction. But Medicare isn't.

Some analysts, meanwhile, say the biggest long-term effect could be an economy slowed down by diminished consumer confidence.