Post-Election Period Holds Little Relief For Contractors

Law360, New York (October 24, 2012, 8:16 PM EDT) -- While November's elections could change the long-term outlook for contractors facing defense cuts and unfriendly regulations, experts say contractors' short-term forecast remains stormy, with reduced federal budgets and slow progress on acquisition policies no matter which party wins.

Some contractors hope that Republican candidate Mitt Romney's administration would be more contractor-friendly than President Barack Obama's if he is elected, as he has pledged to increase defense spending and roll back regulations on businesses. But even if Romney is elected, experts say, real change will delayed by...
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