Impact federal budget cuts will have on Connecticut

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Thousands of jobs in Connecticut could be in jeopardy if the United States Congress fails to reach an agreement.

A series of budget cuts could have a devastating effect on education, especially in Wolcott, where federal grants are used to fund early childhood education.

In Wolcott, a preschool education is for everyone including children with special needs. 

"We integrate everyone here," said Wolcott Superintendent of Schools Joe Macary.

By using federal grant money, 3- and 4-year-old children can get early education and it has become part of the town's public school system.

"If these cuts go through, we would lose $60,000," Macary said.

A series of automatic cuts called the sequester would strip Connecticut of millions of dollars for education. Connecticut would close to $9 million, which impact teachers and possibly eliminate head start programs for about 500 children.

The cuts would take a huge chunk on money from Connecticut's defense budget. Army bases would lose more than $1. 5 million, while the United States would lose $13 million.

Before returning to Washington, DC, U.S. Sen. Richard Blumenthal and Rep. Elizabeth Esty met with media and said they hoped a deal could be reached.

"This would be a huge hit to the economy," Blumenthal said.

This is now the second huge crisis in a matter of months. In December, the fiscal cliff and the debt ceiling was avoided by Congress.

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