With less than two weeks left until automatic, across-the-board spending
cuts of $85 billion take effect, U.S. Rep. Pete Visclosky, D-1st, is urging
his colleagues to seize the opportunity to enact a long-term, comprehensive
budget solution:
“Since August of 2011—18 months ago—Congressional leaders knew that
sequestration would take place under the Budget Control Act,” Visclosky said
in a statement released on Thursday. “Time and time again, we had the
opportunity to pass a long-term deficit reduction plan that preserved vital
investments in national security, infrastructure, technology, research, and
workforce development. Instead of passing such a plan, we chose to kick the
can at every opportunity. While we must find ways to responsibly reduce
federal spending, sequestration is not the answer. I am ready and willing to
work with my Democratic and Republican colleagues to cut spending in a
thoughtful and discreet manner.”
“The nonpartisan Congressional Budget Office (CBO) has that sequestration
would cut economic growth in 2013 by half, with far-ranging consequences for
job growth and small business development,” the statement said. “CBO further
projected that more than 1.4 million jobs are at stake under sequestration,
creating the potential for enough job loss to wipe out half of the gains of
2012.”
“America’s military and border security forces would be deeply impacted by
the effects of sequestration,” the statement also said. “The U.S. Army would
reduce training for 78 percent of its combat formations, while over 55
percent of U.S. Marine Corps units would have unsatisfactory readiness
ratings if sequestration took effect. On border security, the U.S. Customs
and Border Patrol would be forced to lay off 5,000 border security agents
beginning on April 1, 2013.”
“The safety and security of the American people should not be bargaining
chips in high-stakes budget negotiations,” Visclosky said. “Instead of
mindlessly cutting defense and border security programs that keep Americans
safe from harm, we must make thoughtful, deliberate decisions about the
country’s fiscal future.”
Under sequestration, the U.S. Army Corps of Engineers would also “face cuts
totaling $255 million, likely leading to defunding of 65 ongoing
construction projects and 43 dredging projects,” the statement said.
“The Corps’ flood control, water management, and transportation
infrastructure projects have played a vital role in Northwest Indiana’s
economic development, and to throw the Corps’ work on the chopping block
without careful consideration is unacceptable,” Visclosky said. “These cuts
will harm our ability to protect ourselves from natural disasters and grow
our economy.”
In addition, the statement said, “Title I Grants to schools, which serve
disadvantaged students in predominantly low-income communities, would be cut
by more than $750 million, which could lead to a loss of 10,500 teachers and
teaching aides. In Indiana alone, nearly $15 million will be cut from Title
I.”
“Sudden, deep cuts to our schools will hurt our economic recovery in the
short term and our economic health in the long term,” Visclosky said. “Our
schools should be centers of opportunity for young people throughout
Northwest Indiana and across the country.”
Visclosky will co-host a “How Would You Balance the Budget?” forum from 6 to
8 p.m. Monday, March 11, in the Grand Ballroom of the Radisson Star-Plaza.
During this free event, participants will work in teams of six, evaluating
40 CBO-scored proposals to balance the federal budget and grow America’s
economy. Space is limited for this event; interested participants should
call (219) 795-1844 or (202) 225-2461 to request a space as soon as
possible.
“Now, more than ever, we must have an open, honest dialogue about the fiscal
challenges our country faces,” Visclosky said. “I am holding this event
because I take my constituents’ concerns about the federal debt and deficit
very seriously.”