With no deal in place in Congress, $85 billion in sweeping federal spending cuts will take effect today, targeting everything from defense to education. Here's where Americans will really feel the impact of the cuts.
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Mike Segar / Reuters
Hurricane Sandy victims. About $3 billion has been cut from a supplemental bill for Hurricane Sandy victims. The cut includes "crucial funding" for repair and recovery of some 10,000 homes and small businesses, said HUD Secretary Shaun Donavan last week.