Aerospace Industry Group Increasely Fearful of Fiscal Cliff Defense Cuts
Filed under: Government, Money and Politics, Industrials
WASHINGTON — Sequestration, sequestration, sequestration — that was the one note the Aerospace Industries Association struck over and over at its biggest annual public event.
Flanked by AIA’s now-iconic clock counting down 27 days before the sequester destroys “two million jobs” (a disputed figure), President Marion Blakey declared: “I’m an optimist and we have to prevail.” But with automatic budget cuts slated to take effect Jan. 2, unless Congress and the White House reach an increasingly…
Aerospace Industry Group Increasely Fearful of Fiscal Cliff Defense Cuts originally appeared on DailyFinance.com on 2012-12-07T11:09:00Z.
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