
“Heavy US government spending cuts took a sharp swing as the Pentagon began putting about 650,000 civilian workers on unpaid leave. The Department of Defense’s civilian employees face furloughs of up to 11 days through the end of the fiscal year on September 30. The pay pinch was expected to have the most immediate impact in areas with a large military presence, such as greater Washington DC, California and Texas. The International Monetary Fund last month assailed the sharp spending cuts as ‘excessively rapid and ill-designed.'”
http://www.rawstory.com/rs/2013/07/08/pentagon-puts-650000-workers-on-unpaid-leave-due-to-cuts/
Related posts:
US issues global travel alert over Al Qaeda threat, prepares to close embassies
The Hard Truth at Newspapers Across America: Hedge Funds Are in Charge
Irish man facing U.S. extradition for hosting largest child porn network on the planet
Shiller: Housing Market May Have Further to Drop
Woman released after protesting sentences for kidnappers that forced her daughter into prostitution
Officer convicted of assault for warrantless home entry, killing unarmed man
Coinbase Raises $25 Million From Andreessen Horowitz
Paulson claimed Russia 'planned Wall Street bear raid' in 2008
British prime minister: Edward Snowden harmed national security
U.S. offers help to Nigeria to fight terror group
Easton bank protester will face threats charges
Homeland Security's domain seizures worries Congress
Government asks for 60-year sentence for Bradley Manning
Jeff Berwick on FOX Business: Varney and Co. talking Bitcoin ATM
Bulletproof whiteboards installed in Minnesota school district