Allen Talks Sequestration at Rosslyn Roundtable with Government Contractors
Allen also discussed his energy and tax policy.
Republican U.S. Senate candidate George Allen spoke Tuesday with more than 20 representatives of government contractors of all sizes about the looming $500 billion in defense cuts under the auspices of sequestration. Allen, who is in a dead heat with Democrat Tim Kaine in a race that could decide which party controls the Senate, also took a few pointers on his own plan — particularly when it comes to shortening the terms of government contracts. Businesses could spend anywhere from $100,000 to $1 million on a proposal, the contractors said, which eats away at the bottom line and can be a deterrent from working with the government in the first place. The group was concerned about their ability to recoup such costs and making sure contract …
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4:59 am on Friday, November 16, 2012
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