Metal Suppliers Barely Nicked by Budget Cutters' Ax… So Far

Markham, Dan
September 2011
Metal Center News;Sep2011, Vol. 51 Issue 10, p36
Trade Publication
The article reports on the potential impact of the budget agreement reached by U.S. President Barack Obama's administration and the Congress to cut 900 billion dollars discretionary spending on defense and metals in 2021. The budget deal will cut 350 billion dollars from defense spending with annual cuts of 85 billion dollars to 104 billion dollars on its budget. Moreover, the defense budget is set at 532 billion dollars in 2011, 526 billion dollars in 2012, and 529 billions dollars in 2013.


Related Articles

  • The New Mandate on Defense. FRANK, BARNEY // Democracy: A Journal of Ideas;Winter2013, Issue 27, p50 

    The article offers the author's insights on the less military spending as the new mandate in the U.S. He says that U.S. President Barack Obama has won the election on November 6, 2012 due to his argument for spending less in the military. He mentions that majority of the House of Representative...

  • Inflection Point. Anselmo, Joseph C. // Aviation Week & Space Technology;5/28/2012, Vol. 174 Issue 19, p44 

    The article focuses on top performing companies (TPC) among defense contractors for 2012. It states aerospace company Boeing was considered the best TPC according to a 2012 TPC study by magazine "Aviation Week" in the ranking of publicly traded aerospace and defense (A&D) companies. It comments...

  • HAC To Weigh Aircraft, Vehicle Funding Changes. Rutherford, Emelie // Defense Daily;6/13/2011, Vol. 250 Issue 52, p6 

    The article reports that the U.S. House Appropriations Committee's (HAC) report accompanying the fiscal year 2012 defense appropriations bill has called for an array of policy and spending changes to President Barack Obama's military spending request. The report has asked the Department of...

  • Defending Future Defense Spending. Browne, Jack // Power Electronics Technology;Sep/Oct2011 Defense Electronics, p3 

    The author reflects on the budget cuts requested by the U.S. President Barack Obama and their impacts on defense spending. He states that suppliers of defense electronics products should not panic, rather, they need to create long-term strategy and planning. The author discusses the newsletters...

  • Obama: Strong schools will help us 'win the future.'.  // American Teacher;Mar2011, Vol. 95 Issue 5, p16 

    The article reports on U.S. President Barack Obama's State of the Union address. President Obama expressed his dedication to education, wishing to save schools from budget cuts in Congress. Obama believes in increasing public investments in education to increase jobs creation in the U.S. and not...

  • Defending Bloated Military Spending. Alexander, Ryan // Foreign Policy in Focus;10/24/2011, p1 

    The article reports on the approaches by the U.S. Army and politicians to protect military spending from budget cuts, which increased under the U.S. President Barack Obama. It says that military spending is subjected to a sequestration process that would impose 600 billion dollars in cuts if the...

  • Obama's Coup Against Congress Gathers Steam. Osgood, Carl // Executive Intelligence Review;8/31/2012, Vol. 39 Issue 34, p45 

    The article focuses on the military budget sequestration and its effect on the U.S. defense industries. The sequestration process will cut 500 to 600 billion dollars out of the defense budget along with 487 billion dollars which the U.S. administration has already proposed to cut from the...

  • Presidents 'bad news' budget for next fiscal year proposes deep Medicare, Medicaid cuts.  // AHA News;2/20/2012, Vol. 48 Issue 4, p1 

    The article discusses the budget cuts proposal of U.S. President Barack Obama which targets Medicare and Medicaid spending for the fiscal year 2013. It states that 268 billion dollars will be deducted from Medicare while Medicaid will reduce its spending by 52 billion dollars in a span of 10...

  • Spending reform must be passed before debt ceiling vote.  // Burnet Bulletin (Texas);5/ 4/2011, Vol. 139 Issue 18, p6A 

    In this article, the author discusses issues on spending cuts or fiscal reform measures, which she urges to be passed before the U.S. President Barrack Obama administration and Democratic leaders in Congress continue to raise the debt ceiling.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics