AIA News 2012
Blakey: Sequestration Crisis Requires Bipartisan Consensus
October 11, 2012
Statement by Marion C. Blakey, President of the Aerospace Industries Association, on discussion of sequestration during the Vice Presidential Debate:
Arlington, Va. – “While it is important that tonight’s debate addressed sequestration and the looming budget cuts, it is clear however, we still need critical bipartisan consensus in resolving the issue. With 2.14 million jobs at stake, the trillion dollar budget sequester must not be allowed to stand.”
“Thoughtless across-the-board cuts to defense and non-defense discretionary spending of this magnitude are a clear and present danger to our national security and economy. Both candidates must recognize how immediate and severe the risk is with less than 90 days to go before the sequestration pin is pulled. As the Congressional Budget Office and Federal Reserve Bank warn of a “fiscal cliff” and America’s credit hangs in the balance, it's long past time for our leaders to clean up the sequestration mess.”
