Plummeting oil prices may add a little jingle in the pockets of holiday shoppers and travelers but are raising financial worries in some states that had been tapping into surging oil tax revenues.
Among other programs looking at across the board cuts, the federally-funded Meals on Wheels program could see a cut to services as the government sequester begins to take effect later this month.
A series of automatic spending cuts set to take effect on March 1 could have a significant impact on Dallas-Fort Worth area airports.
First, it was the fiscal cliff. Now, it’s the sequester: the across the board federal budget cuts that will go into effect March 1st unless Congress acts.