The Department of Defense has now announced that furlough hours for about 700,000 federal employees will be reduced from 22 days to 14. The furloughs will result in cost savings of $2.5 billion, down from an earlier estimate of about $4 billion. Just to put that into perspective, that is about the price of one B-2 Spirit bomber, which is about $2.4 billion. Yes, that’s right — one airplane. …
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