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Sequestration Budget Cuts Hitting Defense Contractorsi
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March 08, 2013 5:20 PM
The U.S. budget cuts known as Sequestration are projected to reduce government spending by $1.2 trillion over 10 years. The cuts are already being felt by U.S. defense contractors. VOA’s Brian Padden visited eastern Virginia, site of the country’s largest naval base and an area that could sink into recession if these cuts stay in place, and he filed this report.

Sequestration Budget Cuts Hitting Defense Contractors

Published March 08, 2013

The U.S. budget cuts known as Sequestration are projected to reduce government spending by $1.2 trillion over 10 years. The cuts are already being felt by U.S. defense contractors. VOA’s Brian Padden visited eastern Virginia, site of the country’s largest naval base and an area that could sink into recession if these cuts stay in place, and he filed this report.