Rates already are starting to rise as lenders brace for the Fed to curtail support for mortgage lending as early as the end of March.
"Fannie and Freddie's decision to curtail support of the mortgage market is going to make mortgages more expensive for potential home buyers, which is going to hurt the overall economy," said Howard Shapiro, an analyst at Fox-Pitt, Kelton.
Some cuts reflect perennial political battles, like the repeated effort by the mayor and his Human Resources Administration to curtail support for the Legal Aid Society of New York, which is paid by the city to defend poor families facing eviction, yet at the same time often takes the city to court.
Also, the Centers For Disease Control will be "unable to support the annual seasonal influenza program," will have to curtail "support to state and local partners for infectious disease surveillance," and will have "significantly reduced capacity to respond to outbreak investigations, processing of laboratory samples, and maintaining the agency's 24/7 emergency operations center".
A lack of reported data concerning surveillance cultures from the oropharynx and gastro-intestinal tract also curtail support for a gastro-pulmonary route of VAP infection.
Page A10 NEW SUPPORT FOR ISRAELI BILL A committee of Israeli cabinet ministers voted to back two bills aimed at curtailing the support of left-wing nonprofit groups from foreign governments.
JERUSALEM — A committee of Israeli cabinet ministers voted Sunday to back two bills aimed at curtailing the support of left-wing nonprofit groups from foreign governments.
They also pledged to curtail their support to the hardline Islamist fighters who now dominate the opposition on the ground in Syria.
This month's annual State Department report, while keeping Libya on the terrorist list, recognized that Tripoli "appears to have curtailed its support for international terrorism, although it may maintain residual contacts with a few groups".
To adapt, the owners abandoned hardware sales, curtailed technical support, shortened the name of the business (and dropped the apostrophe, because customers did) and moved closer to U.C.L.A., which offers screenwriting classes.
