Boeing machinists reject 777X contract in Washington fallout
International Association of Machinists District 751 members vote 67 to reject a eight year contract tied to the 777X. They protest pension concessions and higher health costs while Boeing launches a competitive search for a home for the plane. Washington state governors warned of possible loss of assembly jobs to other states.
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October deficit dips as budget year opens
The Treasury reports a 91.6 billion October deficit, down 24 percent from 2012, aided by across the board cuts and the partial government shutdown. Higher taxes and improving economy boosted revenue, while the 2013 annual deficit remained the fifth largest in history at 680 billion. Lawmakers face a December 13 deadline to fund the government.
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