: News

Local Leaders May Struggle To Reverse Defense Spending Cuts

Play associated audio

By Jonathan Wilson

U.S. Defense Secretary Robert Gates has ordered a ten percent reduction in spending on defense contractors each of the next three years, it could have a huge effect on the local economy.

Jerry Gordon, president of Fairfax County's Economic Development Authority, says Fairfax can weather the storm of cuts to government spending on contractors.

But he also says the uncertainty caused by the announcement will change the plans of some companies looking to move into the area.

"Now they're looking at,'Do we come in one year? Do we wait this out? What do we do with our employees?' All those things get tied up," says Gordon.

Stephen Fuller is the director of the center for regional analysis at George Mason university. He says the cuts could potentially halt the economic recovery for Virginia, and cuts to spending on contractors aren't the type of thing local members of Congress can fight like a base closure, for instance.

"If you just don't buy something next year, and it's in your budget and you spend your money in a different way, there's no oversight," says Fuller.

Fuller says local leaders are learning they can't rely on federal spending to grow the local economy the way they have for the past 30 years.

NPR

Bill Cunningham, Iconic 'New York Times' Photographer, Dies At 87

Cunningham worked at the Times for almost 40 years, capturing the fashion trends of the day with a timeless eye.
NPR

With A Zap, Scientists Create Low-Fat Chocolate

Scientists say they've figured out how to reduce the fat in milk chocolate by running it through an electric field. The result is healthier, but is it tastier?
NPR

Tracing The 43-Year History Of The U.K. In The European Union

The U.K. joined the European Union in 1973, hoping to gain from the booming economies on the continent. Historian Timothy Garton Ash explains the reasons why, and how the relationship soured.
NPR

President Obama Acknowledges 'Brexit' To Silicon Valley Crowd

President Obama delivered a speech Friday at Stanford University, and remarked on the Brexit vote in front of a crowd of young, tech-forward, pro-globalization attendees from 170 countries.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.