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Automatic federal spending cuts known as the sequester could impact county coffers.
“The sequestration has held up our DOE (Department of Energy) in-lieu-of-tax payments,” Roane County Executive Ron Woody told the budget committee last week. “It’s almost $1 million.”
Woody said he believes the county will still get the money, but it could be less than expected.
“I think it could be cut some, but I don’t think they will do away with the whole thing,” he said.
President Obama signed the spending cuts order on March 1. That cut $85 billion in spending across the federal government for fiscal year 2013.
Woody said he was also concerned about the impact sequestration could have at Y-12.
“That (Y-12) is in Anderson County, but we have a bunch of workers up there,” he said.
Woody said 1,000 workers at Y-12 could be furloughed or laid off because of the cuts.
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