On the recordSeptember 13, 2012
I do believe we are at a point in history that this Congress has the responsibility. Sequester cannot be carried out in the way it is written today. It will do severe damage to the Defense Department. We are going to fix it at some point. It only makes good sense and good business for us to fix it now, to avoid the disruptions that are ongoing in our Department of Defense. Now I say we will fix it. I know there are a number of friends of the President who have long desired severe cuts in the Defense Department. He said he doesn't, but he at this point is taking action that I can only conclude indicates he favors these reductions to occur. The only way he might not do it is if we have the tax increase he wishes to see occur.
Source
govinfo.gov




