With Senate leadership locked in a fight over taxes, a small group of Republican and Democratic senators, local politicians and outside groups are trying to stress just how devastating a $1 trillion across-the-board budget cut would be to the nation’s economy.
The reduction to the federal budget is set to take place unless Congress agrees to reduce the federal deficit by $1.2 trillion or passes a law replacing one already on the books.
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My Comment: Politicians and industry leaders are trying their best to inform the public that tens of thousands of jobs are at risk .... but with most Americans in favor of cutting the defense budget, I suspect that the White House and many in Congress will go along with these cuts.