School district prepares for 'fiscal cliff'

With no real movement in Washington, D.C., toward avoiding the year-end “fiscal cliff,” Lancaster County School District officials are preparing for the possibility of losing a significant chunk of federal funding next year.
The sequestration is a package of $109 billion in automatic, across-the-board federal spending cuts set to go into effect Jan. 1 should Congress and the White House fail to reach a budget deal before then to reduce the federal deficit by $1.2 trillion.

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Lancaster News | circulation@thelancasternews.com | 803-283-1133
PO Box 640; 701 North White St, Lancaster SC 29720
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