Sequester could yank millions of dollars in SC funding -, Myrtle Beach/Florence SC, Weather

Sequester could yank millions of dollars in SC funding

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HORRY COUNTY, SC (WMBF) - We are now hours away from President Obama pulling the trigger on the sequester spending cuts. As the clock ticks toward Friday night's deadline, WMBF News has new details on how this round of potential cuts could hit closer to home. 

There's billions of dollars in automatic spending cuts that are in question for this year alone, and more than a trillion over the next 10 years. Two key votes have not been passed by the Senate, which means we're plenty closer to these cuts automatically taking place in every state, but especially in South Carolina.

Money will be taken away from job search assistance, about $550,000 of which will prevent folks from having the help they need to get a job. Dollars that help police to protect you will also take a hit, as there will be $278,000 in fewer grants to support law enforcement, courts and crime prevention.

It might even come down to the air you breathe and the water you drink. More than a million dollars will be taken away from water quality and pollution efforts. But some of the biggest cuts will be in your children's school, as the expected the loss of $12.5 million will mean teacher job cuts and fewer schools will get funding.

Many people hope we won't have to see these effects actually happen. 

"I hope that they solve it because it's only going to hurt the people in the long run," said taxpayer Albert Sbrega. "Schools and the economy, it's only going to go down the drain for the short time that they won't solve this problem. And it is a big problem."

President Obama is holding one last meeting Friday to hash everything out before the deadline tonight. If he signs for the sequester, we could start seeing some of these effects in as little as 30 days.

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