Remarks Opposing the Austerity Continuing Resolution
Washington, D.C. – Representative David Price (NC-04) addressed his colleagues in the House of Representatives today, urging them to reject a Continuing Resolution that locks in austere sequestration cuts, which will impair vital government functions, reduce the paychecks of thousands of American workers and undermine the economic recovery. The text of Rep. Price's remarks is provided below.
Watch Rep. Price's Remarks on YouTube
There is a blizzard of evidence against the Continuing Resolution, yet the Republican majority keeps skidding ahead like an out-of-control snowplow.
Instead of avoiding sequestration with a balanced deficit reduction package, this CR will lock in these devastating cuts—impairing vital government functions, reducing the paychecks of thousands of American workers, and undermining our economic recovery, costing three-quarters of a million jobs according to the CBO.
Earlier this week I heard a panel of economists speculate about what future generations will say about what we're going through 20 or 30 years from now. They are likely to be baffled they said: how could a great nation do such damage to itself? How could political brinkmanship and rigid ideology go so far? In fact, that's exactly what my constituents are already asking, as they begin to pay the price for this House's failure to do we were elected to do.
Just yesterday, members of the Military Construction and Veterans Subcommittee heard testimony from senior officers from each service about the impact of sequestration on their operations. Their message was "Don't be fooled". We may be giving them marginally greater flexibility by including the full-year FY 2013 bills for Defense and Veterans in this Continuing Resolution, but we are not sparing them from the sledgehammer of sequestration.
This approach also begs the question: Why not pass full-year bills for all departments? The Homeland Security Subcommittee produced a compromise full-year bill that could easily have been included in this measure. Stop-gap funding measures only perpetuate our economic uncertainty and only prevent us from getting to the heart of our fiscal challenges.
We owe this body a better appropriations process, and we owe our people a budget that accelerates the recovery and protects our economic future instead of simply serving a rigid political ideology.
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