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Defense furloughs ripple across region’s bases

By   /  Friday, July 19th, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense furloughs ripple across region’s bases

More than 6,100 civilian Department of Defense employees in the Tri-Counties have started taking one-day-a-week unpaid furloughs between now and the end of September. But economic experts expect the immediate impact to be minimal. Any deep effects on the regional economy aren’t likely to emerge unless and until families begin to feel their net worth Read More →

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Powell urges sequester compromise at speech in SB

By   /  Friday, March 1st, 2013  /  Latest news, Tri-County Economy  /  Comments Off on Powell urges sequester compromise at speech in SB

Saying that “you couldn’t run a 7-11 the way we are running the country,” former Secretary of State Colin Powell urged the White House and Congress to work together to end the budget cuts set to kick in at midnight on March 1. Speaking at Westmont College’s annual President’s Breakfast in Santa Barbara on Friday Read More →