Jim Lynch

With a March 1 deadline looming for Congress to once again strike a deal in order to avoid $1.2 trillion in automatic spending cuts -- including $500 billion at the Pentagon -- some companies that rely on the defense industry are already bracing for the worst by canceling contracts and laying off workers.  Kathleen Volandt, president of Auroros, Inc., told Fox News that the constant uncertainty in Washington reduced her total revenues by 56 percent last year. A disabled veteran who employs three full-time staffers and 31 contractors at her Raleigh, N.C.-based information technology company, Volandt said each passing deadline just compounds the problem and brings nearly everything at her company to a standstill."We keep having to redo budgets because of contract changes," said Volandt. "We just lost two contracts because of the fiscal cliff. Right now, nobody's moving forward on any projects."There is plenty of worry in North Carolina, which is home to seven major military installations...

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