Chuck Schumer actually said...

"would the rearrangement, if there is flexibility, affect economic growth in any real way"

"One of my colleagues... described it like the metaphor of the frog who jumps into a pot and the water just starts boiling"

"Estimates suggest that letting sequester take effect could reduce the GDP by as much as half a point over the remainder of the year."

"The economic impact would be the same. I think the damage it would do to important investments, from defense to education, would be wrong."