How Did We Get Here and Where Are We Headed?

Although much uncertainty remains, there is an emerging consensus that overall budgetary cuts are likely to occur in the coming weeks, whether as a result of sequestration or an alternative deficit reduction plan. In "Cliff Notes: The Long, Slow Trudge Toward Sequestration," published by Law360 on December 17, C&M attorneys Angela Styles, Steve McBrady, and Stephan Rice provide a brief retrospective of the developments in 2012 and a short overview of what contractors can expect in the weeks ahead as the countdown to sequestration approaches.