"I am hopeful but I am not optimistic that we are going to avoid this."
"I have a concern about that."
"the fiscal uncertainty that is out there right now is what I am hearing when I am back home."
"if sequestration and the CR, by the way, go into effect, the impact in terms of the Navy's budget for repair and maintenance...means that 23 ship repair and availabilities are going to be canceled."
"Again, my largest school district is going to lose two Head Start programs if the domestic discretionary cuts go into effect."
"I mean you will recall that many economists, and I think Members of this body, were very much worried about the impact of the fiscal cliff on the economy."
"And, frankly, you know, your organization and your members, by the way, it is not just the big OEMs that are worried about the sequestration."
"The fiscal uncertainty that is out there right now is what I am hearing when I am back home."
"The impact in terms of the Navy's budget for repair and maintenance... means that 23 ship repair and availabilities are going to be canceled."
"Thank you, Mr. Chairman. And I really again appreciate the fact that you have organized this hearing on Dodd-Frank implementation..."
"the inability of us to even explain what the heck is going on and what is being done about it, again it just puts everyone in an impossible position."
"Dodd-Frank didn't happen because people just wanted to create some regulatory structure. There was a real need in terms of what happened in 2008 and it is still going on today."