Defense Faces $45B in Sequestration Cuts

Defense Faces $45B in Sequestration Cuts Play

Jan. 31 (Bloomberg) -- As the U.S. gross domestic product takes a hit from lower defense budgets, federal spending cuts viewed as unthinkable a few months ago -- $1.2 trillion falling heavily on the Pentagon -- are seen as likely starting March 1. Jullianna Goldman reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Feed Most Popular

  • On Air Now

    Taking Stock of 2014 Watch Now

  • Next

    Encore: Sting

blog comments powered by Disqus