Defense Cuts Could Cost 2 Million Jobs, McKeon Says
Dec. 10 (Bloomberg) -- U.S. Representative Howard "Buck" McKeon, a Republican from California and chairman of the House Armed Services Committee, talks about the impact of automatic budget cuts threatened for the beginning of 2013 on defense spending. McKeon speaks with Adam Johnson and Betty Liu on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Most Recent Videos
"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
20:13 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)