Tuesday, August 16, 2011

Defense Cuts Loom Large As Debt Crisis Hits The U.S. Government

Defense Cuts Loom Large For 'Super Committee' -- MSNBC/AP

For the 12 lawmakers tasked with finding over $1 trillion in cuts, defense cuts loom large.

WASHINGTON — For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened "doomsday" defense cuts hit close to home.

The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. — build missiles, aircraft, jet fighters and tanks while employing tens of thousands of workers.

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My Comment: I have trouble believing that these politicians will find some common ground for agreement .... they are politically and ideologically poles apart

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