*** MEDIA ADVISORY***
CONTACT: Susan Sullam, 410-962-4436 or
March 4, 2013
CARDIN TO DISCUSS WHAT SEQUESTRATION MEANS FOR ARUNDEL
COUNTY & FORT MEADE-AREA BUSINESSES
Sequestration Began March 1st; Senator to Hold Roundtable Discussion in Anne Arundel
On Monday, March 4, U.S. Senator Ben Cardin (D-MD) will host a roundtable discussion for Anne Arundel County and Ft. Meade-area businesses. Many businesses in Maryland depend on the federal government for contracts. The U.S. Department of Defense (DoD) has estimated that sequestration could result in cuts to procurement budgets of more than $49 billion over 10 years. Such cuts could result in a loss of more than 282,400 jobs nationwide among suppliers and vendors who depend on DoD primary contractors.
On March 1, sequestration – automatic, across-the-board spending cuts – began to take effect. Unless Congress acts, sequestration requires $42.7 billion in cuts to defense programs and another $42.7 billion in cuts to non-defense programs over the next year. Cuts of this magnitude will have a profound effect on Maryland and our entire nation.
· WHAT: Senator Cardin to Hold Roundtable Discussion about Sequestration with Anne Arundel County and Fort Meade-area Businesses
· WHEN: Monday, March 4 at 1 p.m.
· WHERE: Anne Arundel Community College at Arundel Mills
7009 Arundel Mills Circle,
Room AMIL 004-005, Lower Level
(across from the Cinemark Movie Theater)
Hanover, MD 21076