U.S. Congressman Mike Pence issued the following statement in support of H.R. 5652, the Sequester Replacement Reconciliation Act of 2012, which would replace $78 billion in spending cuts that would disproportionally and negatively impact our national defense. Pence's statement follows:
"Our nation is facing a fiscal crisis of unprecedented proportions," said Pence. "With a $15 trillion national debt, it's time to change the way we spend the people's money and this bill is a good step toward doing just that.
"In addition, this bill also prevents the cuts to our nation's defense spending that are set to occur on January 2nd of next year. Indiana has a proud history of contributing to the defense of our nation, and this legislation will protect Hoosiers who wear the uniform and those who support our warfighters."