Saturday, October 3, 2015

University budget cuts affect entire region - Bud Foster, Tucson News Now

The federal sequester which cut defense by 20 percent, has impacted Davis-Monthan Air Force Base and Raytheon considerably, and that has rippled throughout the economy. There have also been budget cuts on the state level, which have eliminated more than $200 million from the University of Arizona's budget. The UA announced another round of cuts of $28 million, and the elimination of 320 positions. "That means less purchases at the grocery store, movies, restaurants, really a whole host of business in the local economy," Hammond said. For Tucson the solution is twofold. http://www.tucsonnewsnow.com/story/30119919/university-budget-cuts-affect-entire-region

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