federal sequester

The federal government will pay back mineral royalties that it withheld from states under the across-the-board budget cuts known as sequestration.

When sequestration went into effect earlier this year, the Department of the Interior started withholding 5 percent of states' share of the royalties, which are paid on resources like coal and oil extracted from federal lands. For Wyoming, that's amounted to more than $40 million.

On Monday, DOI announced that after a legal review, it's giving the money back.

Emergency unemployment compensation program benefits will be reduced under the federal government’s budget sequester. 

Wyoming Workforce Services Director Joan Evans that the program provides unemployed individuals who have exhausted regular unemployment insurance benefits.  Evans says the reduction will likely be noticeable.

Federal budget cuts are causing schools on the Wind River Indian Reservation to tighten their belts.

Wyoming provides funding to all public schools in the state, but 10 districts – including several on the reservation – also receive money from the federal Impact Aid program.  That supplements funding to school districts that include federal land that is not subject to property taxes.

One thing everyone is trying to get a grip on is how the federal sequester will impact Wyoming.  Anne Alexander is an economist at the University of Wyoming.  She joined Bob Beck in the studio to discuss this.