Estimates suggest that letting sequester take effect could reduce the GDP by as much as half a point over the remainder of the year.
would the rearrangement, if there is flexibility, affect economic growth in any real way
It is a great Committee with a great group, and I hope we will have a good, productive time under the Chairman's leaders...
Thank you, Mr. Chairman.
As you know, unless Congress acts before March 1, sequestration will roughly impose $85 billion of across-the-board cuts...
It is not just in New York, but in many areas with tall buildings that might be targets of terrorism.
It would not change the reduction and the estimates of reduction in growth if we just did all cuts?
The economic impact would be the same. I think the damage it would do to important investments, from defense to educatio...
The program remains vital to obtaining insurance, regular insurance, to build and even to get financing.
We have a serious problem with spending, with the budget, with being out of process. It is broken in Washington.
The President is handling this just right, so I thank you and him for that.