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Tuesday, July 17, 2012

Senators press for one-year delay for Pentagon sequestration cuts - The Hill's DEFCON Hill

Several senators on Tuesday said delaying automatic defense cuts for a year is the best option for a Congress looking to avoid steep spending reductions at the Pentagon.
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On Tuesday, AIA released a report claiming the cuts would result in the loss of 600,000 federal jobs. Another 1 million jobs across the defense sector would be scrapped if the automatic cuts go into effect in January.
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Both plans would offset the scheduled cuts to defense programs for one year with drawdowns of the federal workforce, combined with spending reductions across all government coffers.

Senators press for one-year delay for Pentagon sequestration cuts - The Hill's DEFCON Hill

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