Dive summary:

• The American Institute of Architects calculates that there will be fallout of 66,500 lost design and building jobs if the lame-duck Congress and the president do not find a way to avoid the mandatory budget cuts that now are set to take place on Jan. 2.
• AIA looked at where the administration plans to allocate reductions to achieve the required amount and identified 48 accounts.
• The cuts are required as part of the law passed to convince lawmakers and the president to agree to other ways to move toward lower deficits. That did not work, so the cuts will have to take effect unless something changes after the election and before New Year's.

From the article:

It's not just defense contractors who are worried about federal budget cuts. ...