Sequestration: How it will hurt political leaders’ hometowns

House Speaker John Boehner of Ohio, who conferred with President Barack Obama yesterday by phone, walks to a closed-door meeting with the GOP caucus, Wednesday, Dec. 12, 2012, on Capitol Hill in Washington. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions. (AP Photo/J. Scott Applewhite)

Sequestration: How it will hurt political leaders' hometowns

All politics is local, as the old saying goes. So when the automatic budget cuts known as sequestration kick in Friday, it won't be just another federal fight between Congress and the White House, it will also hit the hometowns of some of the key players in the showdown. President Barack ObamaChicago, Ill.Dr. Steve Goldstein stands in a room at the University of Chicago's new Comer Children's Hospital during a media preview in 2005. (AP)The University of Chicago will lose …

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