Local governments and businesses are waiting to see how they will be affected by automatic federal budget cuts that take effect today.
In Grand Rapids, the city’s plans for a new rapid bus service may end up being delayed by the sequester cuts.
Peter Varga is the CEO of The Rapid. He says 80 percent of the funding for the nearly $40 million project is slated to come from the federal government.
Varga says if the federal funding is held up, the project will be delayed beyond its 2014 completion date. He says a delay will add to the cost of the project.