Over the next month, the White House and congressional leaders will continue the seesaw of negotiations to avert damage to the nation’s economy. If they fail to agree on how to handle expiring tax cuts and nearly $1 trillion in government budget cuts by January, the nation could fall back into a recession, the Congressional Budget Office has warned. And defense stocks begin their own drawdown if they don’t see the outlines of a deal by Dec. 3, writes Byron Callan of Capital Alpha ...


You must be a paid subscriber to access "Deficit Talks Won't Avert Cuts To Defense".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.