The report examines parts of the country that would feel the most pain from $85 billion in cuts set to automatically start taking effect March 1 without a bipartisan deal on sequestration.
Actual cuts may be around 13 percent for defense and 9 percent for other programs because lawmakers delayed their impact, requiring savings over a shorter period of time.
Defense spending has been estimated to account for 9.8 percent of the combined District, Virginia and Maryland economies in 2010, the report noted.
2 comments:
Everyone, please note that these are not spending cuts to programs that we have in place now. These are cuts to additional spending that Obama and the Democrats want.
it's all a shell game, a words game and most are clueless. such a shame.
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