 INDUSTRY TRENDSSunday, May 19, 2013Government NewsDefense News DoD Examines 3 Budget-Cut ScenariosSenior US Defense Department officials are expected to present three budget-cutting scenarios to the defense secretary when they wrap up a wide-ranging review of military strategy at the end of this month, according to sources. See more Wednesday, May 15, 2013Government NewsDefense News US House Democrats: Defense Sequester Hurting EconomyPentagon spending reductions are hurting the US economy more than other spending cuts mandated under sequestration, say House Democrats, who appear poised to inject such effects into the 2014 midterm election narrative. See more Tuesday, May 14, 2013Government NewsThe Hill Hagel announces Pentagon furloughsThe Pentagon announced Tuesday that it will furlough more than three-quarters of its 800,000 civilian employees for 11 days to fulfill the automatic budget cuts under sequestration. See more Monday, May 13, 2013Government NewsWashington Post U.S. automatic cuts send Pentagon contract awards down 52 percentPentagon contracts tumbled 52 percent in April from a month earlier as across-the-board federal budget cuts took hold. See more Friday, May 3, 2013Government NewsThe Hill Sens. want Hagel to detail sequester cutsThe heads of the Senate Armed Services Committee are asking Defense Secretary Chuck Hagel to spell out how the Pentagon would cut $52 billion from its 2014 budget under sequestration. See more Wednesday, May 1, 2013Government NewsReuters Pentagon prepares to ask Congress for break from 'sequester'The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester" just days after they gave a break to the flying public and the airline industry. See more Friday, April 26, 2013Government NewsNational Public Radio FAA Expected To Gain Flexibility On Budget CutsThe Senate has passed a bill to give the Department of Transportation more flexibility in how it makes the mandatory cuts of the sequester. Hundreds of flights were delayed this week after the FAA furloughed air traffic controllers, setting off a political storm. See more |
