On the recordMarch 5, 2013
It's always good to see a show of Hoosier unity on the floor of the House, and I look forward to joining my colleagues in voting for this bill. The State of Maryland also has a balanced budget, but we also have a capital budget and other parts that we do differently. Look, Mr. Speaker, I'm going to support this bill. I support transparency. I supported virtually the identical provision 30 days ago. That's really not the issue. Yes, we want more information, and we'll get it. But the real issue here is the loss of jobs. Now, the previous gentleman mentioned that the Washington Times has an article saying more jobs were created. Thank goodness we are finally seeing more and more jobs created. We will have economic growth. There will be jobs created. The question is how many fewer jobs we will have as a result of the sequester. The CBO hasn't said it will stop every job from being created. What the Chairman of the Federal Reserve has said, and what the nonpartisan Congressional Budget Office has said, is that this sequester, if it remains in place through the end of the year, will be a drag on growth, so we will have fewer jobs created. In fact, they estimate we will have 750,000 fewer American jobs by the end of the year if we don't do something about the sequester. So, Mr.…
