Will Obama Administration Get An Election October Surprise

September 29, 2012

Seal of the Office of Management and Budget of the US Government (Photo credit: Wikipedia)

Seems the Obama administration is getting desperate. Are they begging for no layoffs from defense contractors?

Layoff notices would certainly be an October surprise. Ouch!

Obama administration tells contractors again: Don’t issue layoff notices
By Jeremy Herb – 09/28/12 07:25 PM ET

The Obama administration issued new guidance intended for defense contractors Friday afternoon, reiterating the administration’s position that the companies should not be issuing layoff notices over sequestration.

The Labor Department issued guidance in July saying it would be “inappropriate” for contractors to issue notices of potential layoffs tied to sequestration cuts. But a few contractors, most notably Lockheed Martin, said they still were considering whether to issue the notices — which would be sent out just days before the November election.

But the Friday guidance from the Office of Management and Budget raised the stakes in the dispute, telling contractors that they would be compensated for legal costs if layoffs occur due to contract cancellations under sequestration — but only if the contractors follow the Labor guidance.