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Microsoft-Intel Inside Suffer as Governments Cut Spending: Tech

Seattle’s chief technology officer, Bill Schrier, is bracing for a 6 percent budget cut in 2012, bigger than this year’s, a sign of tighter spending that indicates slower sales gains for Microsoft Corp. and Intel Corp.

“Spending is going to be down, and in some places it’s going to be down considerably,” Schrier said of technology spending by governments generally.