Reps. Moran and Connolly: Sequestration Likely to Happen
What will it mean for the Northern Virginia economy?
Sequestration — $1.2 trillion in automatic spending cuts to defense and civilian programs over the next decade — will likely happen, and it will mean thousands of layoffs, program eliminations and near-certain economic devastation for Northern Virginia, said Virginia Congressmen Jim Moran (D-8th) and Gerry Connolly (D-11th) on Saturday at a town hall meeting in Mount Vernon. "You need to be aware that this is probably going to happen," said Moran, who spoke at an annual meeting conducted by Mount Vernon District Supervisor Gerry Hyland. "It's a democracy and things will ultimately play themselves out, but things are not going well right now (in Congress)." Congress averted the fiscal cliff crisis at the beginning of the year, and …
Richie Rich
11:12 am on Thursday, February 7, 2013
I was being sarcastic..... my point is for four years Republicans and Tea Party folks have been crying about spending and as soon as spending gets cut they are crying about job loses. There are two ways to balance the budget. Cut spending or raise revenue. Do one or the other or stop bitching! more ›