Federal spending cuts will have a direct impact on Iowa’s economy if Congress does not act by the March 1 sequestration deadline. Dave Swenson, associate scientist with the Department of Economics, says that Iowa stands to lose around $292 million in direct federal funding, and such a large cut could harm the state's slow recovery. Read the full ISU News Service article by Angie Hunt at: http://www.news.iastate.edu/news/2013/02/25/federalsequester