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February 7, 2013

Feds hold back part of timber payments

GRANTS PASS, Ore. (AP) — A federal agency is holding back 10 percent of a special payment to timber counties in Oregon in case federal budget cuts known as sequestration go through.

The money administered by the U.S. Bureau of Land Management is part of a one-year extension of the Secure Rural Schools Act that was supposed to distribute $38 million to 18 counties in Western Oregon to make up for reduced logging receipts.


 
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