John Garamendi: “Well, we certainly will create a new recession. We know that 750,000 Americans will be unemployed, lose their jobs by…”

“Well, we certainly will create a new recession. We know that 750,000 Americans will be unemployed, lose their jobs by the end of this fiscal year--that would be the first of October--as a result of sequestration. Now, it's not that we haven't tried to do a different proposal. Our budget proposal is one that would maintain the reduction, but push it forward so that it doesn't immediately dampen the American economy. The President has made a similar proposal, but we've had no action. Right now, we are calling on our colleagues and Speaker Boehner to appoint a conference committee so that we can actually do a budget. Please, let's get that budget going. Let's get this thing out of the way of America's job growth.”