Peter Welch: “We have a very serious debt problem in this country. We have a very serious jobs problem in this country. Both of those…”

“We have a very serious debt problem in this country. We have a very serious jobs problem in this country. Both of those serious problems are solvable. The impediment is political. This is exhibit A of a dysfunctional Congress. The supercommittee failed this Congress when the leadership on the Republican side implemented these sequester cuts. We all know they make no sense from an economic standpoint, but it puts the burden back on us to come up with the balanced approach that every American knows is the only way forward, a balance of revenues, a balance with entitlement reform, and the Pentagon making a contribution to solve our problems. That is what is going to create jobs, and that is what is going to create fiscal stability.”