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A package of gun control measures that won initial approval in Colorado’s Democratic-controlled House Friday night could result in several hundred jobs lost at the state’s largest manufacturer of high-capacity ammunition magazines.
Erie-based Magpul Industries has threatened to leave the state if lawmakers are successful in passing the sweeping gun-control package, which limits the number of rounds a magazine can hold, according to The Denver Post.
“If we’re able to stay in Colorado and manufacture a product, but law-abiding citizens of the state were unable to purchase the product, customers around the state and the nation would boycott us for remaining here,” Doug Smith, Magpul’s chief operating officer, told The Post.
Massachusetts will lose more than 60,000 jobs, much of it in the defense industry, and $127 million in federal research funding, harming a critical sector of the state economy, if Congress allows across-the-board spending cuts to go into effect in March, according to a report released Friday by Representative Edward Markey of Malden.
The automatic cuts, known in Beltway parlance as “sequestration,” were scheduled to take place in January under a 2011 budget deal to raise the nation’s debt limit, but the crisis was temporarily averted when Congress struck a last-minute New Year’s Eve bargain.
Jobs are super important to them!
