Sequester cuts to Arizona aerospace industry could cost $2.3B a year

PHOENIX — Phoenix Mayor Greg Stanton, in plain English, shared his take on what the federal governments budget cuts would really mean for the Valley. In a packed room, he and the Greater Phoenix Economic Council presented a study on our aerospace and defense industry, and how the sequester will impact a big piece of Arizona's economy. "The word is sequestration, which is this funny word, but we …

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