Mr. CONYERS. Mr. Speaker, I rise today to raise my voice against the set of across-the-board cuts--known as ``the sequester''--currently taking effect across the country.
These devastating cuts are unique among American public policies for a simple reason: they were purposefully designed to be a bad idea.
During the debt ceiling standoff of 2011, the ``sequester'' was designed as a default option so revolting to both Democrats and Republicans that it would force the bipartisan ``Super Committee'' to adopt a workable budget plan. While that Committee failed at this objective, the American people have been left to pay the price.
The sequester, if fully implemented, will put more than 2 million jobs at risk--more than half of which are associated with small businesses:
The sequester will also create tremendous uncertainty in financial markets and among consumers, ultimately contributing to an estimated one-half of one percent drag on economic growth this year;
These cuts will also undermine military readiness, educational quality, and research output while leaving us with longer airport security lines, more untreated mental illnesses, more hunger, more homelessness, and fewer federal criminal prosecutions.
It should come as no surprise that, according to a Wall Street Journal/NBC News Poll, Americans oppose the sequester by a more than 2-to-1 margin.
If Congress is unable to craft a bipartisan agreement that takes sequestration off the table, this body has a duty to avert these catastrophic cuts by any means necessary. This is why I introduced the ``Cancel the Sequester Act,'' a one-sentence bill that would repeal the section of the Budget Control Act of 2011 that created these senseless, job-destroying cuts.
Please consider cosponsoring the ``Cancel the Sequester Act,'' so that we can prevent Washington's dysfunction from inflicting further harm on the American people.