Statement on Obama Sequester Replacement Proposal
Statement
Issues: Government Budget and Spending
Ways and Means Committee Ranking Member Sander Levin (D-MI) today made the following statement regarding President Obama's proposal to replace the sequester over the coming months with a balanced package of spending cuts and revenues:
"We must take all reasonable steps to avoid the sequester because of its potentially harmful effects on the fragile economy., pursuing unyielding opposition to balanced deficit reduction regardless of how much that intransigence hurts the economy. The damaging economic impact of Republicans' refusal to consider any additional revenue is a price they seem all too willing to let the American people pay."
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