Adam Smith actually said...

Sequestration obviously would have a devastating impact on the defense budget and on the discretionary budget in general.

Adam Smith emphasizes the negative effects of sequestration on defense and discretionary budgets.

12/01/2014

More Adam Smith Quotes

Cuts to our Nation's defense, either by eliminating programs or laying off soldiers, comes with an economic cost.

I do just want to conclude by making a special thank you to the Special Operations Command, and the Navy SEAL team in particular.

I associate myself with the chairman's remarks. I think he perfectly summed up the challenges the two of you face.

And this is something that I think DOD-wide and intelligence-community-wide we have to be engaged in.