As we scale back, as I referenced on the sequester, it's about $200 million of lost revenue that we associate with just the cuts we've had to make from the sequester alone.
Jack Reed: “As we scale back, as I referenced on the sequester, it's about $200 million of lost revenue that we associate with just…”
On the recordApril 23, 2013
Source
congress.govEditor's note · Context
Reed discusses the financial impact of budget cuts due to the sequester.
Share
More from Jack Reed
Sep 2, 2026
His administration removed Nicolás Maduro from power, threw its weight behind the unelected leadership that replaced Maduro, and is now attempting to use U.S. military assets and taxpayer-backed financing to boost a private oil venture.
Sep 1, 2026
President Trump’s effort to turn the U.S. military into an investor in Venezuelan oil is a blatant abuse of power and taxpayer dollars.
Aug 29, 2026
When he unilaterally launched this war, Trump promised he would destroy Iran's nuclear program, eliminate its missile and drone arsenal, dismantle its defense industrial base, wipe out its proxy networks, and topple the regime in a matter…





