Steep education cuts loom as debt-panel deadline approaches


[caption id="attachment_43775" align="alignleft" width="150" caption="Education, agriculture, and environmental programs could soon be exposed to massive cuts."][/caption]

Federal education spending could be slashed up to 8 percent in 2013 if lawmakers can’t agree on debt-reducing measures soon, according to an analysis by the nonpartisan Congressional Budget Office.

Failure by Congress’ debt-cutting supercommittee to recommend $1.2 trillion in savings by Nov. 23 is supposed to automatically
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