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And it accuses Democrats of "promoting a government-run health care experiment that will cut over $500 billion from Medicare".
Consumer banking, at large, will cut over 6,200.
"What you can't do - which is what the Conservatives have come up with - is pantomime-horse policy where they say on the one hand we'll give more money to a tiny number of hand-picked schools, hand-picked by the Conservatives, on the other hand they will cut over £3 billion out of the education budget.
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The analyst also expects earnings estimates for the company will be cut over time.
Because of the shortfall, Mr Thompson will announce plans shortly to cut over a tenth of the BBC's workforce.The cuts are expected to fall most heavily on factual programming.
Ryanair insists it will not add fuel surcharges to its ticket prices (although woe betide anyone trying to pay with a credit card), but it will cut costs over the winter by grounding up to 20 aircraft.
Despite that loud warning, the sequester is scheduled to go into effect at the end of this month, the first installment of which will cut $77 billion over the next seven months.
The opening room in which a great rotating beam topped in Freudian neon with the word Mothers, which will cut anyone over 6ft 6in down to size, and which is accompanied by dozens of nagging metronomes at different speeds, might raise a sort of smile, but beyond that and losing yourself in the balloons, split sides are not guaranteed.
In addition, the company will cut 1,100 of 9,000 jobs over the next two years.
Salomon will cut 160 jobs over the next two years and reduce the level of production there to 35percentt from 55percentthethe company said.
The company, whose products include Hershey's Kisses and Reese's peanut butter cups, will cut 1,500 jobs over the next three years and start production at a new factory in Monterrey, Mexico.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com