Sequestration Impact?

[Bimmerbill]

We should get our notice soon, I think next week. 1 day a week furlough. I asked if I could take July or August off for my 174 hours of forced time off, but we are limited to 16 hours in 1 2-week pay period. Dang.

Budget has been slashed even more from last years cut budget. Janitorial service may be cancelled, tho it was severely limited last year.

[just walk away]

I am FI and hoping for a voluntary separation package. Looks like we may get furloughed for a month or two, but then hopefully the separation package and I am finally FIRE. The voluntary package will not be all that great, but gives me a good excuse to finally be FIRE!

[YoungSaver]

Quote:

Originally Posted by ERhoosier Except for promise of return to fiscal sanity in overall US gov't financial situation ....and hopefully avoidance of future deeper pain like they're seeing in southern Europe.

Pretty big upside if you ask me.

[Keim]

The homeless shelter I volunteer at got notice from the feds last week. Plan for a cut of 5-9% from all fed sources. Gonna hurt some already needy folk.

Despite that, I actually like the overall idea of the Fed cutting its budget. I just think the chosen method was stupid. Like a doc giving you a choice between a careful surgery with an excellent success rate or amputation. Either works. Only one is the smart choice.