Small U.S. Printers Face Hit from Government Spending Cuts: Official
The U.S. Government Printing Office, the printing press for official documents, uses about 16,000 private vendors to carry out most of its work, which is due to shrivel if the "sequestration" cuts kick in on Friday.
"Some vendors may have as much as 80 or 90 percent (government business)," Davita Vance-Cooks, the acting GPO director, told lawmakers on Wednesday. "It is entirely possible they will see a reduction in their revenue. They may even close."
The automatic spending cuts will take a modest bite out of the GPO budget, but about 84 percent of the agency's business comes from other agencies
0 Comments
View Comments
Related Content
Comments
%0D%0A"Some%20vendors%20may%20have%20as%20much%20as%2080%20or%2090%20percent%20(government%20business),"%20Davita%20Vance-Cooks,%20the%20acting%20GPO%20director,%20told%20lawmakers%20on%20Wednesday.%20"It%20is%20entirely%20possible%20they%20will%20see%20a%20reduction%20in%20their%20revenue.%20They%20may%20even%20close."
%0D%0A
%0D%0AThe%20automatic%20spending%20cuts%20will%20take%20a%20modest%20bite%20out%20of%20the%20GPO%20budget,%20but%20about%2084%20percent%20of%20the%20agency's%20business%20comes%20from%20other%20agencies%0D%0A%0D%0Ahttps%3A%2F%2Fwww.piworld.com%2Faggregatedcontent%2Fprivate-printing-presses-face-hit-government-spending-cuts-official%2F" target="_blank" class="email" data-post-id="2165" type="icon_link"> Email Email 0 Comments Comments