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Economist says San Diego would benefit by sequestration delay relating to fiscal cliff


Last updated 12/31/2012 at Noon

SAN DIEGO - A possible delay in automatic federal spending cuts until at least March would be good news for San Diego's economy, the president of the National University System Institute for Policy Research said today, Dec. 31.

President Barack Obama announced today an agreement was in sight, but not finalized, to end the nation's rush toward the fiscal cliff.

W. Erik Bruvold of the Institute for Policy Research told City News Service, "The most significant thing for San Diego is it sounds like part of the deal is that sequestration will be put off for at least two months,''


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