Reuters.com - The meeting, set from September 18, will bring together Deputy Defense Secretary Ashton Carter and the 18-member executive committee of the Aerospace Industries Association. Defense contractors wish to discuss concerns about the impact of automatic budget cuts due to take effect in January. Read more...
Reuters.com - U.S. courts have discovered that because of it’s sovereign standing, the government has specific contractual rights, including the right to unilaterally change the terms of its contracts, delay or stop work on contracts or terminate them outright, Reuter’s Andrea Shalal-Esa reports. Read more...
The White House is planning to release its highly anticipated sequestration report later this week, press secretary Jay Carney told reporters. The report, mandated under the Sequestration Transparency Act, was due last Thursday. Republicans have been blasting the the president for failing to turn in his homework on time.
In POLITICO, with the convention pomp and pageantry over, another production now begins on Capitol Hill - this one featuring meaningless show votes and theatrical hearings. House Judiciary Committee Chairman Lamar Smith (R-Texas) will hold an oversight hearing this week titled: The Obama Administration's Abuse of Power. House GOP leaders...
Looks like defense contractors could soon alert thousands of employees their jobs are at risk. The defense industry is gambling that neither Congress nor the White House wants headlines about potential layoffs so close to Election Day -- and that the threat of layoff warnings could push lawmakers and President...
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