Local governments, schools and military bases are bracing for the impacts of sequestration. We explore how the series of automatic cuts will impact eastern North Carolina.
The series of automatic cuts to government spending called sequestration will total more than a trillion dollars in savings over the next 10 years. The expenses of those savings is now beginning to ripple through our area, as L.C. Morris explains.
At some point before Friday at midnight, the President is expected to order across-the-board budget cuts to save $1.2 trillion dollars over the next ten years. Jared Brumbaugh spoke with Congressman G.K. Butterfield about how sequestration could impact eastern North Carolina.
“It appears it’s too late, that it’s definitely going to happen.”
If the sequestration goes forward, most of the effects could be felt in our area immediately. Butterfield says military readiness and middle class families would be hit the hardest.
A private company in Elizabeth City is manufacturing a lighter than air technology called a tethered aerostat. They're being sold to governments and are the worlds only company devoted entirely to the production of these unique products. We recently toured the massive facility.
We discuss Executive Order 124, which seeks to improve relations between North Carolina agencies and local military installations.
On August 17 Governor Beverly Perdue signed Executive Order 124, to promote stronger communication between state agencies, community leaders, and military officials. Even though military officials and state officials say that more awareness of military activity is vital to North Carolina’s economy, the state has a long history of communication with its military installations. Stephen O’Connell has more.