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March 12, 2013

Budget cuts will hit military towns hard

  • Many small businesses thrive on civilians employed at the nation's largest military posts, so owners are bracing for the damage.
    • By KRISTIN M. HALL
    Associated Press

    FAYETTEVILLE, N.C. — Like many who make their living in the commercial strip outside the gates of Fort Bragg, Mike Thomas is confident the $85 billion in automatic military spending cuts will hurt sales at his used car lot and rim shop.

    Most of his customers work on the base, and smaller paychecks means less money for the four-wheel drive Jeeps, chrome wheels and window-rattling sound systems that are his specialty.


     
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