McDonnell: Sequester Could Force Virginia Into Recession
Governor sends letter to president, congressional delegation.
Virginia Gov. Bob McDonnell on Monday sent a letter to President Barack Obama and the Old Dominion's Congressional delegation calling for immediate action to prevent automatic spending cuts under sequestration. The $1.2 trillion in cuts — meant to force Congress to compromise — are slated to go into effect March 1. That deadline has been pushed back several times as lawmakers have brokered Band-Aid solutions. "The automatic sequestration reductions mandated by the Budget Control Act of 2011 are already having a significant adverse effect on the Commonwealth," McDonnell stated. "When fully implemented, they could force Virginia and other states into a recession. Sequestration-mandated reductions will be implemented with no regard for …
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