Federal budget cuts would cost Fairfax $8.7 billion - Taylor Holland, the Examiner

The automatic spending cuts looming for the federal budget would devastate Fairfax County, draining $8.7 billion from its economy and eliminating nearly 87,000 jobs, the county board was told Tuesday. Stephen Fuller, a George Mason University economist, told Fairfax officials that the proposed cuts would immediately reduce federal spending by $4.6 billion, draining $8.7 billion from the county's economy and eliminating the jobs of 86,557 residents -- about 13 percent of the county's workforce. "Virginia ought to really be worried," Fuller said. "No other region is as vulnerable as we are." http://washingtonexaminer.com/federal-budget-cuts-would-cost-fairfax-8.7-billion/article/2511535#.UIq5onXA9TJ