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Public Statements

Real Effects of Going over the Fiscal Cliff

Floor Speech

By:
Date:
Location: Washington, DC

Mr. HIGGINS. Madam Speaker, at midnight tonight, the Budget Control Act of 2011 and sequestration will trigger spending cuts of $1.2 trillion over 10 years, including $109 billion in 2013. We'll have 8.2 percent, or $54 billion, in domestic spending cuts funding to the National Cancer Institute that supports clinical trials for new cancer treatments. If you're a patient at Roswell Park Cancer Institute in Buffalo and you're diagnosed with late-stage cancer, you don't have the luxury of time that these cuts demand. That's what sequestration means to cancer patients in Buffalo and throughout the Nation.

We'll have 9.4 percent, or $55 billion, cut in defense spending. What does it mean to my community of Buffalo and western New York? MOOG, a world leader in motion control technology with a thriving defense unit, a $2.5 billion company that employs 8,400 people, takes a major hit. That's what sequestration means to the defense industry in Buffalo and throughout the Nation.

Madam Speaker, sequestration cannot be viewed in the abstractions of Washington and this institution. Its real consequences will be felt hard by real people in real communities throughout this Nation, including in Buffalo and western New York.


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