Seven hawkish senators asked the nation's largest defense contractors to describe how a potential $500 billion cut in Pentagon spending over the next decade would impact their firms. The senators--members of the Senate Armed Services Committee (SASC) including Ranking Member John McCain (R-Ariz.)--sent the inquiry letters as they try to learn more about the impact of the so-called sequestration cuts to the defense budget, which may start next January unless Congress stops them. The SASC members say that though the sequestration cuts are…
Senators To Industry: Describe DoD Budget Cut Perils
SHARE:
