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Spending cuts Americans will feel the most

Published On: Feb 21 2013 12:18:02 PM CST   Updated On: Mar 01 2013 01:46:17 PM CST

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.

Unemployment benefits
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Unemployment benefits. Under the proposed spending cuts, benefits are expected to decrease by 10% or, on average, $400 a month. This cut will affect 3.8 million Americans, who use these benefits to pay for food and housing while trying to find jobs in a damaged economy. The proposed cuts will also limit resources at job finding centers.

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