Senate Hawks Seek Report On Looming Budget Cuts

By Jen DiMascio jennifer_dimascio@aviationweek.com .
Source: AWIN First .

With news reports saying that defense companies will begin issuing layoffs related to potential military budget cuts before the November presidential election, Republican senators interested in defense are building a legislative case for preventing them. If Congress fails to reach a deal to reduce the deficit by $1.2 trillion, then in January 2013 cuts of the same amount will be applied to the entire federal budget — with about half targeted at the Pentagon ...

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