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Time is Running Out To Replace Damaging National Security Cuts
Washington,
Sep 14, 2012 -
Click here for entire Capitol Connection Newsletter Unless action is taken, the budget sequester scheduled to go into effect on January 2, 2013 will cut our nation’s defense programs by $55 billion in Fiscal Year 2013 and by nearly $500 billion over ten years. These cuts are in addition to $490 billion worth of reductions that have already been planned. While serious concerns have been raised from both sides of the aisle about the impact of sequestration’s across-the-board cuts - $1.2 trillion over the next ten years, half of which comes from our nation’s defense – only the House has acted to replace these arbitrary cuts with targeted spending reductions. The House furthered its efforts on Thursday, by passing legislation that requires the President to submit to Congress by October 15th a plan to replace sequestration’s automatic cuts. The measure also authorizes repeal of the FY 2013 sequester upon enactment into law of the House-passed sequestration plan or similar legislation that offsets the cost of the cuts. Congressman Miller will continue to support efforts that reduce federal spending while ensuring that the men and women of our armed forces have the resources they need to fulfill their mission.
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