Calif. recovery is threatened by sequester

California's economic recovery is likely to be hampered by sequestration cuts, experts say. Some $3.2 billion of the $9 billion in California's share of sequestration cuts will come from the state's military industry. California has "had housing-market and job-market gains beginning to solidify," said Jason Sisney of the nonpartisan California Legislative Analyst's Office. "And just as that's happening, we have the federal government taking actions that could impede that recovery."

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