USA

Loading
12:00:00 / -:--:--

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.


You May Like

Video Star Trek Influence Lives Long and Prospers

As new movie thrills, many are once again discussing the iconic franchise's influence on society, science and technology More

OECD: Developing Green Cities Key to Sustainable Future

OECD suggests strategies to mitigate rapid growth, industrialization in urban centers, which produce about two-thirds of greenhouse gas emissions More

Video Safe Rooms Saved Lives in Tornado Disaster

Safety experts say more safe rooms are needed in areas where tornadoes frequently strike More