- June 11, 2013
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The $37 billion in sequester cuts the Pentagon is taking in fiscal 2013 likely will result in a “sharp drop” in contractors, Comptroller Robert Hale told the Senate Appropriations Defense Subcommittee on Tuesday. “The majority of [the sequester] is going to come out of contractors — about $2 billion will come out of furloughs,” Hale told lawmakers, reported American Forces Press Service. That means a drop in the number of contractors in the department. “I don’t know yet how much, because the year isn’t over, but I think there will be a sharp drop,” Hale said. He told the subcommittee that about 700,000 contractors work throughout DOD.