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Huelskamp: Don’t Believe Doomsday Claims

Congressman Tim Huelskamp wrote on his web site  about Sequestration:

tim-huelskamp“As you may know, sequestration went into effect on Friday. It requires the President and the millions of federal bureaucrats to find $85 billion in savings for the American taxpayers over the next two years.  For this year, the “cuts” equal about 1% of the total budget.  And even after the “cuts,” the budget will still be bigger this year than last – and still bigger next year.  The deficit will still be an astounding $845 billion!

I did not vote for sequestration in 2011, because there were much smarter ways to make necessary and larger spending reductions. However, the sequester is a huge step in the right direction — the first time ever that we have forced the federal government to reduce planned spending. Yet, we still have a long way to go to put our fiscal house back in order.

But be aware: you will hear many more doomsday claims about the sequester in the next few weeks. Don’t believe them.  America’s families and businesses have been tightening their belt – it is time Washington did the same. ”

 

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