Uncertainty over sequestration needs to end

Oct. 19, 2012

Employers across the country are increasingly concerned about the massive cuts to defense and other programs set to occur this coming January. By now, the dire consequences seem fairly well understood: an estimated 2.14 million American jobs will be lost and $215 billion slashed from U.S. GDP in 2013, dragging us back into another recession. And most costly of all &ndash; experts say that the indiscriminate cuts to our armed forces will undermine readiness and expose our troops to new dangers during time of war.</p>
This should be reason enough to compel…

It’s like a hurricane on the way: Automatic defense cuts loom Jan. 2

Oct. 16, 2012

Predicting the fallout from defense budget sequestration is like trying to anticipate the damage as a hurricane barrels toward shore. We know it will be devastating and the long-term damage will be severe, but no one can say exactly where the havoc will be greatest or how complete the destruction will be.

With hurricanes, that uncertainty makes it hard to convince people to evacuate or make costly preparations against a danger that may or may not end up at their door. With sequestration, it makes it hard to break through the inertia and gridlock that plagues…

Small businesses at risk of fallout from ‘fiscal cliff’

Oct. 16, 2012

The very small businesses that contribute greatly to America’s national security and economic dynamism are among the entities most at risk from the “fiscal cliff” facing our nation in January.

Given small businesses’ role in providing key services and products to the Defense Department, Federal Aviation Administration, NASA, the National Oceanic and Atmospheric Administration and the rest of the federal government, it should come as no surprise that $1 trillion in sequestration budget cuts over a nine-year period — $110 billion in 2013 — will dramatically affect smaller companies.

George Mason University economist Stephen Fuller…

Federal cuts could cripple regional airports

Sep. 04, 2012

Here&rsquo;s what we know: business and tourism travelers continue to fly into the region at an increasing pace, and cargo deliveries remain robust as the regional economy expands. Unfortunately, massive budget cuts coming our way would have a negative impact on our regional airports and airports around the country &ndash; and that would mean a hard hit to the business community.</p>
Indeed, last year Baltimore/Washington International Thurgood Marshall Airport, Ronald Reagan National Airport and Washington Dulles International Airport handled nearly 65 million passengers (1.2 million more than 2010) and nearly 919 million…

Weather satellites in danger of cuts

Aug. 31, 2012

In a summer in which the ongoing extreme drought has proved so damaging to New Mexico farmers and ranchers, the importance of having long-term weather forecasts warning us in advance of dangerous drought conditions is clear.

Given this recent history, and New Mexico’s need for accurate forecasts of severe summer storms and winter blizzards, this isn’t the time to cut funding for national weather forecasting satellite assets.

Unfortunately, that is exactly what will happen unless Congress works with the White House to repeal mandatory budget cuts scheduled to hit federal programs in 2013.