On the recordMarch 4, 2013
Again, what the sequester is in a part of a fiscal year, because three-quarters of our Department is exempt from it, is the equivalent of a 90 percent cut.
Said by
John D. Porcari
Source
congress.govAgain, what the sequester is in a part of a fiscal year, because three-quarters of our Department is exempt from it, is the equivalent of a 90 percent cut.
Porcari explains the severe impact of the sequester on his department's budget.
Share
More from John D. Porcari
It is shovel-worthy. I like to describe it as the single point of failure for 10 percent of America's GDP
We don't have any portion of the transportation system that stands totally on its own legs financially.
Any major infrastructure investments... has required core public funding on a multiyear basis to be effective.
We need to, as I have mentioned before, level the playing field so that jurisdictions throughout the country can make the choices that make sense to them.