While much of the fiscal cliff
debate has focused on possible tax increases, failure to reach a deal to avert the cliff could bring massive automatic spending cuts.
Barring an agreement between U.S. President Barack Obama and Congress, $1.2 trillion of spending cuts over the coming decade would begin taking effect Jan. 2.
The automatic spending cuts, known as "sequestration" - a result of Congress's 2011 negotiations to raise the debt ceiling - would total $109 billion in 2013, CBS News
Here's a closer look at where the cuts would be targeted.
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