[Congressional Record Volume 159, Number 27 (Tuesday, February 26, 2013)]
[House]
[Pages H637-H638]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AVERT THE SEQUESTER AND ACT NOW
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Michigan (Mr. Kildee) for 5 minutes.
Mr. KILDEE. Mr. Speaker, there are just 3 days before $85 billion in
harmful
[[Page H638]]
across-the-board spending cuts take effect. And here we are again, with
an all-too-familiar manufactured crisis poised to strike our economy
with another self-inflicted wound. Month to month, crisis to crisis,
this is no way to run the world's largest economy.
Letting sequestration happen is not responsible government. The
sequester was designed last year to scare Congress into responsibly
reducing the deficit. It created a doomsday scenario: draconian
damaging cuts--disliked by both parties--intended to force Democrats
and Republicans to come up with a balanced alternative to reduce our
deficit.
Sequestration cuts are not targeted to eliminate waste or unnecessary
programs. Rather, they slash programs across the board, regardless of
their effectiveness. This threatens our economic progress, jeopardizes
our military readiness, and reduces funding for national priorities
like education and medical research.
Mr. Speaker, sequestration would be devastating for Michigan and our
Nation's economy. The sequester eliminates jobs at a time when Congress
should be working to create them. Our country has been moving in the
right direction: 35 straight months of private sector job growth; 6.1
million private sector jobs created. There's no doubt we can do more to
grow our economy and the middle class, and letting sequestration happen
is a giant step backward for our economy.
Economists across the political spectrum agree that letting
sequestration happen will slow our economy. The nonpartisan
Congressional Budget Office estimates that sequester would reduce our
economic growth by a third this year alone.
Sequestration cuts affect the most vulnerable people: middle class
families, seniors, students, people with disabilities, the unemployed,
and those who may become unemployed if these cuts go into place. We
can't pretend that these cuts are just numbers in a budget.
If sequester is allowed to happen, Michigan alone stands to lose
31,000 jobs in just 6 months. There will be 750,000 jobs lost
nationally by October. Michigan schools would lose $22 million in
funding, eliminating 300 teachers and aides in the classroom. An
additional $20 million would be cut for educational support for
children with disabilities. Head Start would be eliminated for 2,300
Michigan children. Almost 2,500 low-income students in my State would
no longer receive aid to help them pay for college.
These cuts are real, Mr. Speaker. Just last week I cosponsored
legislation with my Democratic colleagues to avoid the sequester, but
Republicans won't even bring the bill to the floor for a vote.
The Democrats plan to avoid sequester through responsible spending
cuts, increased revenues, and promoting economic growth. Our plan
eliminates taxpayer-funded subsidies for big oil companies. In a time
of record oil profits and $4-a-gallon gasoline, it baffles me that our
country continues to subsidize companies like ExxonMobil and BP; yet
Republicans are willing to pink-slip 750,000 American workers just to
protect billions of dollars in handouts for these five big oil
companies. It's time to end these subsidies.
There's no question that we need to cut the deficit, but we need to
do it in a balanced way that protects the middle class. The Budget
Control Act passed before I came to Congress reduced the deficit by
more than $2.5 trillion, mainly through spending cuts. There are
certainly other areas that should be cut, but we should be strategic in
cutting spending to reduce our deficit. Sequestration takes the exact
opposite approach. It irrationally cuts programs that have proven to be
effective and are worthwhile investments.
Congress needs to act immediately in order to avert the sequester.
Republican inaction threatens to leave these indiscriminate cuts in
place, killing jobs, undermining public safety and first responders,
and injecting more uncertainty into our markets, harming our economy.
Our Nation cannot afford any more uncertainty, obstruction, and
delay. Democrats are interested in real solutions, not sequesters.
Mr. Speaker, now is the time to act.
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