Wed Feb 6, 2013 12:43pm EST
WASHINGTON Feb a few (Reuters) - Senior White House administrators realized with chief management from top defense installers upon Wednesday to examine the particular impact recommended to their businesses associated with full programmed u . s . spending cuts slated to adopt relation to March 1, White House spokesman Jay Carney shared with reporters.
The conference emerged the day following President Barack Obama urged Congress in to the future upwards by using a number of short-term expending haircuts as well as come across new levy gross income to postpone the $85 million with across-the-board "sequester" cuts, which in turn economists possess reported could damage the economy.
Top Republican lawmaker John Boehner, your lecturer on the House connected with Representatives, reported about Wednesday that your dog would certainly oppose every hold off inside the sequester not having other paying cuts as well as reforms. [ID:nL1N0B67GH'
The interacting with with Obama's best fiscal advisers involved executives out of Northrop Grumman , BAE Systems, Pratt & Whitney, ITT Exelis, Huntington Ingalls and also privately held Aurora Flight Sciences Corp, Carney said.
"The concentration with their dialogue seemed to be the likely destructive effects with the sequester commencing effect," Carney said.
For example, Northrop Grumman has about 20,000 small businesses that supply this significant contractor - companies in which additionally might be injured by the spending cuts, your dog said.