Tinsley: Contractors should plan for the worst

On Friday, the White House issued a report calling $109 billion in across-the-board spending cuts, "deeply destructive." The process, commonly know as sequestration, was put in place last year after a congressional supercommittee failed to strike a budget deal.

Here's Michael Tinsley, founder and CEO of NeoSystems Corporation, on sequestration's possible impact on the IT community.