Tuesday, September 11, 2012

Sequestration could lead to 270,000 lost federal jobs

Article Title: White House misses sequestration deadline; DoD will see 11% cut

Snippet of Article: "...All in all, sequestration could lead to 270,000 lost federal jobs throughout the government, and the furloughs of thousands more.

“And that’s just the first installment,” said Doug Criscitello, a former chief financial officer at the Housing and Urban Development Department and current managing director at Grant Thornton. “There’s nine of them [years of cuts]...."

Source: www.federaltimes.com