Thursday, September 29, 2011

Texas Bases, Others, Would Suffer Under Mandatory Spending Cuts

Digging deep in military cost-cutting. A report today says that a quarter of the U-S civilian defense workforce -- at least 200,000 jobs -- would be lost among other drastic measures if Congress can't come to an agreement on broader budget cuts. Lack of an agreement would trigger an automatic reduction in military spending. If that happens, Texas would inevitably be among the hardest-hit states. A report from Congressional Republicans today saying another round of base reductions and closures would likely happen if the 600-billion-dollar automatic military spending cut happens. The military has already been slapped with 350-billion dollars in cuts over the next ten years. No indication how Goodfellow or other area military bases might be affected if lawmakers fail to shrink the deficit by at least one-point-two trillion dollars over the next decade.

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