The impact of the fiscal cliff on the state

The impact of the fiscal cliff on the state (Alberta Times) Since the election on November 7, the Democratic and Republican parties in Congress have fiercely debated how to reduce the federal deficit...

The impact of the fiscal cliff on the state (Alberta Times) Since the election on November 7, the Democratic and Republican parties in Congress have fiercely debated how to reduce the federal deficit. During this period, Israel and Palestine exchanged fire and reached an armistice agreement. The Congolese rebels captured and then agreed to withdraw from the commercial city of Goma, China’s 18th National Congress has been held and a new term has passed, and Taobao is preparing to continue the Double 12 sale after the crazy sales on Double 11, but the two major parties in the United States are still at each other’s throats. The Democrats believe that the Republicans do not want to seriously reduce spending and only want to retain tax cuts for the rich; the Republicans also feel that the Democrats do not want to seriously reduce spending and only want to increase tax rates for the wealthy. If this continues, the government and opposition parties hope to reach an agreement to avoid the "fiscal cliff" before Christmas. This chance may be lower than winning the Powerball jackpot. Once the two parties do not reach an agreement and the fiscal cliff occurs, what impact will it have on Arizona? Starting January 1, 2013, the island will lose: *$14 million in federal education funding assistance for students whose parents are active duty military personnel, or live in Indian tribes, or other students in federally recognized low-income, low-tax school districts. *$9.5 million for preschool education programs for needy children. The result: 300 jobs lost and 1,500 children out of services. *$4.4 million in child care and development grants to provide subsidies for low-income families to pay for child care. About 1,400 children lost their subsidies. *$2.8 million substance abuse prevention and treatment program to provide alcohol and drug addiction treatment and recovery on the island. About 7,600 people are affected. *$1.7 million workforce investment bill to help with unemployment compensation programs and retraining displaced workers. 1,000 people are affected. *1.2 million premium nutrition plan. Target recipients: Provide food to poor elderly people at home or in community centers. *$1 million to provide energy assistance programs to low-income households. Result: Some low-income families were unable to obtain air conditioning or heating subsidies. However, the two parties will quarrel and quarrel, and they will eventually find a compromise solution before the deadline. The funding will definitely increase or decrease. Both parties will be happy, but it will always be the common people who suffer.