Defense Contractors at Kaine Roundtable: 'We've Been Sequestered Already'
Defense contractors speaking with Sen. Tim Kaine on Monday say federal agencies are preparing for potential cuts and acting as if they've already happened.
About 30 representatives of defense contractors from Northern Virginia met with Democratic Sen. Tim Kaine on Monday for a roundtable discussion and agreed on one fairly simple message to Congress: Make a decision. It might be funny if nearly 200,000 Virginia jobs weren't on the line and the very idea of sequestration hadn't come to epitomize the dysfunction on Capitol Hill. If lawmakers fail to reach a compromise, then $1.2 trillion in automatic cuts, half to the defense industry, will go into effect. The latest deadline is March 1. The contractors talked about the various ways the threat of sequestration was "paralyzing" the industry: Companies are delaying orders whenever they can. They aren't hiring to fill vacant positions. They aren't…
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