Summary


THE DAMAGE another $500 billion in defense cuts would do if Congress' supercommittee deadlocks on deficit reduction is only part of the frightening scenario facing Hampton Roads.

A recent report on the effect of more drastic reductions says that about 2.4 percent of our gross regional product will be lost if nearly $1 trillion is taken from the Pentagon over the next decade.

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Extract


The Cuts in Congress

It's speculation, of course, but no matter where the cuts are made, the region - home to the world's largest Nav...

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