How the Sequester Will Hurt Shipbuilders
Unless Congress takes action soon, our economy will be hit with harmful automatic cuts (known as the sequester) over the next few weeks that threaten hundreds of thousands of middle-class jobs. These cuts have already forced the Navy to cancel deployment and delay repair of certain aircraft carriers, and postpone building on additional vessels.
Speaking at Newport News Shipbuilding in Viginia yesterday, President Obama called on Congress to prevent these arbitrary cuts with balanced deficit reduction.
Find out what these cuts mean for businesses like Newport News Shipbuilding.
President Barack Obama delivers remarks to highlight the devastating impact the sequester will have on jobs and middle class families, at Newport News Shipbuilding in Newport News, Va., Feb. 26, 2013. (Official White House Photo by Chuck Kennedy)
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All times are Eastern Standard Time (EST).
9:30 AM: The President and the Vice President receive the Presidential Daily Briefing
10:00 AM: The President meets with senior advisors
11:00 AM: The President delivers remarks at the unveiling of a statue of Rosa Parks
11:00 AM: The Vice President delivers remarks on the Administration’s proposals to reduce gun violence
11:00 AM: Press Briefing by Press Secretary Jay Carney
6:00 PM: The Vice President and Dr. Jill Biden host a reception in honor of Black History Month
7:30 PM: The President delivers remarks at the Business Council dinner
Indicates that the event will be live-streamed on WhiteHouse.gov/Live
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