White House Lists TN Impact of Sequester

The White House on Sunday released a state-by=state listing of impact of the sequester. Here is the Tennessee press release, sent with the headline, “Impact of March 1st Cuts on Middle Class Families, Jobs and Economic Security: Tennessee.”
White House Press release
Unless Congress acts by March 1st, a series of automatic cuts–called the sequester–will take effect that threaten hundreds of thousands of middle class jobs, and cut vital services for children, seniors,people with mental illness and our men and women in uniform. There is no question that we need to cut the deficit, but the President believes it should be done in a balanced way that protects investments that the middle class relies on. Already, the President has worked with Congress to reduce the deficit by more than $2.5 trillion, but there’s more to do. ThePresident has put forward a balanced plan to not only avoid the harmful effects of the sequester but also to reduce the deficit by more than $4 trillion in total. The President’s plan meets Republicans more than halfway and includes twice as many spending cuts as it does tax revenue from the wealthy…..
Unfortunately, many Republicans in Congress refuse to ask the wealthy to pay a little more by closing tax loopholes so that we can protect investments that are helping grow our economy and keep our country safe. By not asking the wealthy to pay a little more, Republicans are forcing our children, seniors, troops, military families and the entire middle class to bear the burden of deficit reduction. The President is determined to cut spending and reduce the deficit in a balanced way, but he won’t stick the middle class with the bill. The President is willing to compromise, but on behalf the middle class he cannot accept a deal that undercuts their economic security. Our economy is continuing to strengthen but we cannot afford a self-inflicted wound fromnWashington. Republicans should compromise and meet the President in the middle. We cannot simply cut our way to prosperity, and if Republicans continue to insist on an unreasonable, cuts-only approach, Tennessee risks paying the price.
TENNESSEE IMPACTS
If sequestration were to take effect, some examples of the impacts on Tennessee this year alone are:

3 thoughts on “White House Lists TN Impact of Sequester

  1. Charles Kirkland

    NOT ONLY DO THESE CUTS NEED TO GO INTO PLACE BUT WE NEED TO CUT MUCH, MUCH MORE FROM THE SPENDING!!! THIS SEQUESTER WAS OBAMA’S IDEA IN THE FIRST PLACE!!! STOP YOUR LYING AND GET TO CUTTING!!!

  2. tom

    Let the sequester proceed. Any government or family or business that can’t survive a 2 percent reduction in spending is doomed for failure. Our government has gotten us in this mess over the past 10-15 years without addressing fiscal issues. time has come to face the music.

Leave a Reply