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Showing posts with the label Boeing

follow up on "The Debt Ceiling Deal and Progressives"

The composition of the bipartisan Debt Ceiling Panel bodes ill for there being serious cuts in the U.S. military budget as part of any "second phase" deal to reduce the U.S. deficit.  Put simply, the states with large military contractors are fully, if not overly, represented on the Panel.   Of particular note on the Democratic side is Senator Patty Murray of Washington.   Progressive commentators have generally responded favorably to her appointment (and conservative voices have singled it out for criticism), but Boeing is a major employer in Washington (with some 30,000 workers in the state) and its PAC is a major source of campaign funds for Murray.  Almost certainly, for example, the cuts in military spending that would be triggered if the panel reaches no compromise would hit, and perhaps eliminate, the 35 billion dollar contract awarded to Boeing this past February ...