Obama Says Washington Stalemate Over Cuts Puts Jobs on the Line
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President Barack Obama traveled to the Navy’s sole builder of aircraft carriers to drive home his argument that his political foes and their constituents will be among the hardest hit by across-the-board spending cuts that start March 1.
Obama used the backdrop of the shipyard of Huntington Ingalls Industries Inc. in Newport News, Virginia, to emphasize the effect on defense industry jobs if $85 billion in automatic budget cuts for the remaining seven months of the fiscal year kick in as scheduled on March 1. With 21,000 workers, the facility is Virginia’s biggest manufacturing employer.