Saturday July 20, 2019
| Last update: Friday at 10:55 AM
BY Masao Suzuki | San José, CA | 2/06/13
On March 1, the automatic spending cuts demanded by the 2011 Budget Control Act are scheduled to go into effect. These cuts were originally scheduled to go into effect Jan. 2, but were delayed as part of the solution to the so-called ‘fiscal cliff.’ Included in the spending cuts is an 8.4% reduction in federal financial aid.
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