Less military spending will cut deep into an economy dependent on federal dollars, leaders tell state lawmakers
POSTED: 01:30 a.m. HST, Mar 07, 2013
~~<p>The Army, Navy, Marines, Hawaii National Guard and business leaders laid out for state lawmakers Wednesday the harmful effects sequestration and other budget cuts could have on a U.S. military that pumped $14.7 billion into the local economy in 2011 and accounted for more than 102,000 jobs.</p>
The Army, Navy, Marines, Hawaii National Guard and business leaders laid out for state lawmakers Wednesday the harmful effects sequestration and other budget cuts could have on a U.S. military that pumped $14.7 billion into the local economy in 2011 and accounted for more than 102,000 jobs.
Charlie Ota, vice president for military affairs with the Chamber of Commerce of Hawaii, noted that on a per-capita basis, Hawaii is expected to be the state most severely affected by cuts in defense spending. Login for more...