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) In Case You Missed It Here are some of the top stories from the White House blog: President Obama: I Look Forward to Working with Governors to Reignite America's Economic Engine
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