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Budget cuts: five groups likely to feel the pinch

If there's one thing that's lacking in the debt deal that president signed on Aug. 2, it's specifics. It asks for $1.5 trillion in spending cuts over the next 10 years, but gives few concrete details about where they'll come from. The deal does outline some changes for student loans, and it leaves out renewals for a couple of unemployment benefits programs. But most of the envisioned budget cuts won't become clearer until this fall, when a 12-member, bipartisan "super committee" gives its recommendations to Congress. Some Americans may be particularly vulnerable to their budget choices. Here are five groups who could see a reduction in government largesse:

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The Daily Reckoning
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Robert Reich
Ryan's budget helps no one but the rich

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Robert Reich
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On the Economy
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On the Economy
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The Simple Dollar
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Student loans can come with different interest rates. Is it better to pay off students loans that you owe the most on, or that have the highest rate first? Look to question No. 6 of the reader mailbag.
Budget cuts: five groups likely to feel the pinch

If there's one thing that's lacking in the debt deal that president signed on Aug. 2, it's specifics. It asks for $1.5 trillion in spending cuts over the next 10 years, but gives few concrete details about where they'll come from. The deal does outline some changes for student loans, and it leaves out renewals for a couple of unemployment benefits programs. But most of the envisioned budget cuts won't become clearer until this fall, when a 12-member, bipartisan "super committee" gives its recommendations to Congress. Some Americans may be particularly vulnerable to their budget choices. Here are five groups who could see a reduction in government largesse:
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Robert Reich
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