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At the start of the year.
That happened how did those dire warnings of layoffs just disappear but -- has the latest from the Pentagon rates soon the little.
Is she well Republicans are charging politics here though when you look at the structure of the fiscal cliff from what exactly happens we're talking about these automatic cuts.
To the Pentagon fifty billion dollars a year starting on January 2 these cuts are supposed to last for an entire decade.
And Republicans and Democrats are trying to figure out ways to avoid them but one defense analysts says.
Even when you talk about January 2 when that fiscal cut hits.
The effects on defense contractors will be gradual.
So if you look at what would happen on January 2 sequestration goes into effect.
Basically everyone in industry who's working on a contract at that point in time.
They're going to be working on contracts that party happening obligated on them so they would not be -- so no one in industry would have to be laid off.
What would be affected is the awarding of new contracts or the extension of contracts -- the exercise -- contract options.
In the months after sequestration.
-- it appeared self defense contractors were ready to send out these notices they're called warn notices in the federal government says through this war and act.
That if you're going to have major layoffs you've got to let your workers know sixty days advance -- repeatedly the Obama administration has told defense contractors.
Not to issue those warnings because it would be premature when you go sixty days back from when these defense cuts hit.
That's just before Election Day and Republicans are charging that the administration simply does not want layoff notices going out just a few days before the election.
And so far these companies have complied.
-- back to you.
Continues thank you -- Atlanta programming out.
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