BusinessWeek (01/11/13) Tony Capaccio; David Lerman
Because of budget uncertainty, the Pentagon is allowing its senior managers to freeze civilian hiring and lay off temporary employees. If Congress and President Obama fail to reach a deficit-reduction plan by March, about $45 billion will be slashed from the U.S. Department of Defense budget by Sept. 30. Furthermore, the Defense Department has had this year’s spending frozen at last year’s levels.
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