Sequestrationby Representative Eric Swalwell
Posted on 2013-02-25
SWALWELL of California asked and was given permission to address
the House for 1 minute and to revise and extend his remarks.)
Mr. SWALWELL of California. Mr. Speaker, I rise today to express my
strong disappointment in the House Republican leadership in committing
such legislative malpractice by failing to do anything about automatic
spending cuts that will happen this Friday.
Here we are on the brink of another economic disaster manufactured by Washington, and, just as before, this crisis will have real consequences to real people. In my district alone, schools will lose $11 million in Federal funding. California will be losing $87.6 million in funding for primary and secondary schools. Fewer students will be learning and more teachers will be out of work.
There's a rational way to approach balancing the people's budget, and this is not it. We can cut foolish spending without foolishly cutting spending.
H.R. 699, of which I'm a cosponsor, would replace this meat-cleaver method of budgeting with a balanced approach. It would include additional revenue from multimillionaires and smart cuts for unnecessary spending.
We might not agree on what the right way to cut spending is, but we also should agree that using broad, indiscriminate cuts is the wrong way to cut spending. Let's come together to pass legislation to avert these cuts.