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Senator Inouye's Statement on Sequester Transparency Act Report


Location: Washington, DC

"The report did not contain anything extraordinary. We were aware the day the Congress passed the Budget Control Act that when the specter of sequestration became reality it would lead to furloughs, significant disruption of essential services, and would have a severe and immediate impact on the Department of Defense. The solution sits directly before us, as it has from the beginning. Negotiate a balanced package of tax reforms and mandatory spending adjustments that will close our budget deficit in a reasonable and measured way."

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