Gov. Perdue announced today that she will attend a briefing about the impact of sequestration on Wednesday, August 1, 2012, at 2:00 p.m., at LORD Corporation in Cary. In addition to threatening jobs and our military, sequestration is also poised to harm our schools and other domestic priorities.
Gov. Perdue spoke out about the importance of reaching a bipartisan agreement that would avoid the harmful effects of sequestration: "The only thing standing in the way of a comprehensive deficit reduction package that would preserve jobs, protect schools, and address our long-term security and budget needs is a bipartisan willingness to back a balanced plan that includes both spending cuts and new revenue."
"Sequestration" refers to automatic, across the board cuts to defense and non-defense accounts that are scheduled to take effect in January 2013. If these cuts are carried out next year, they could adversely affect jobs, national security, and critical domestic priorities (including education).