Federal budget cuts could lead to 16,000 job losses in Oklahoma, report says
Cuts set to be triggered in January would hit defense-related jobs the hardest, but also affect other government agencies and have a ripple effect on the economy, according to the study. Oklahoma has three U.S. Air Force bases, a U.S. Army post and an Army ammunition depot.
WASHINGTON — As more lawmakers begin to focus on impending federal budget cuts, the aerospace industry released a report Tuesday showing Oklahoma could lose nearly 8,000 defense-related jobs and a total of 16,000 jobs over the next 15 months if action isn’t taken to soften the blow.
“Every state, every community, every industry will be on the chopping block,” Marion C. Blakely, president and CEO of the Aerospace Industries Association, said in releasing the report....
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