Tuesday, February 19, 2013

Obama: Those sequestration cuts I signed into law will cost hundreds of thousands of jobs and excoriate the economy …

Via Politico:
President Obama sought to sound the alarm on sequester cuts once again and blame Congress for failing to avert them as the clock ticks down on their implementation.
Starting next Friday, he said, the cuts will cost hundreds of thousands of jobs and excoriate the economy. They were never designed to happen, he said.
“This was all designed to say ‘We can’t do these bad cuts, we need to do something smarter,’” Obama said at a White House event.
He was flanked by first responders whose ability to help in emergencies will be “degraded,” Obama said. The president said the sequester cuts will affect military readiness, weaken federal law enforcement and across the nation, cause thousands of teachers to be laid off.
In 2011, Obama threatened to veto any attempt to stop the sequestration cuts...


No comments: