Military town braces for impact of budget cuts

Reuters
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In the town of Quantico, Virginia, the drycleaner uses extra starch and the haircuts are high and tight.

Locals in this military town, just a half hour outside of Washington D.C. say the government spending cuts caused by the current budget impasse cut just a little too close.

Marine Corps Colonel Steve Maravillas.

SOUNDBITE: Steve Maravillas, United States Marine Corps, Saying :

"If they do the 20 percent layoff - I think it would be fairly devastating. Twenty percent of loss of income is huge for most people. Most people don't save 20 percent of their income."

Service members say the cuts won't just hurt their quality of life, they could impact military readiness. And the damage isn't expected to end there. It will also impact hundreds of businesses who cater to the military.

In Washington, the president and congress appeared to be no closer to any sort of agreement.

SOUNDBITE: U.S. President Barack Obama saying:

"We are going to ma

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