Today, U.S. Representative Stephen Fincher (R-Frog Jump) issued the following statement about automatic spending cuts, known as "sequestration," due to take effect on Friday, March 1.
"With a $16 trillion national debt impeding our economy from reaching its full growth potential, there's no doubt we need to cut our out-of-control spending. But the President's sequester is not the way to address our spending problem. I have voted not once, but twice to replace sequestration, offering smarter, targeted cuts, but the Senate declined to bring the legislation up for a vote. Now, rather than offering real spending cuts and budget reform, the President claims those who create jobs aren't paying Washington enough and wants to raise taxes -- again.
"With the sequester deadline just hours away, the President is still insisting on raising taxes that only stalls a struggling economy. Instead of talking about unnecessary tax hikes, sequestration can be avoided through responsible cuts to wasteful spending. In all, the sequestration equates to three cents of every dollar of Washington spending. Programs like the President's $2.2 billion free cell-phone program and NASA's near $1 million in annual spending on a so-called "Mars menu" to test space food should be on the chopping block. Clearly, our President needs to get his priorities straight."