TITLE

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

AUTHOR(S)
Markham, Dan
PUB. DATE
September 2011
SOURCE
Metal Center News;Sep2011, Vol. 51 Issue 10, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
66870759

 

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