Sequestration effects to hit at the end of March

Victoria
By Victoria March 5, 2013 11:51

Sequestration effects to hit at the end of March

Although budget sequestration has officially begun, the main effects of the cuts will begin to be felt in aviation towards the end of this month. The US government’s spending authority for the remainder of the current fiscal year ending Sept. 30 expires on March 27. Flight delays have been predicted to follow shortly after.
US Aerospace Industries Association (AIA) president and CEO Marion Blakey said in a statement that the March 27 deadline for extending federal spending authority presents “the next major opportunity for Congress and President Obama to halt the [sequestration] crisis that our industry has highlighted for nearly two years. We urge our elected leaders to use this period to put a stop to the damage that sequestration is doing to our country … There is still time to obtain a balanced bipartisan solution to our nation’s debt and deficit problem before the full effects of these drastic budget cuts are felt.”

Victoria
By Victoria March 5, 2013 11:51
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