Thursday, August 21, 2014

News
Gillibrand: Sequestration would be devastating to NYS
By GARY LIBERATORE


Sequestration is the result of the Budget Control Act of 2011, because there was not a plan, at the time, to reduce the national deficit.

So now, in the remaining seven months of this fiscal year, the government must come up with $85 billion in cuts.

As a result, 700,000 civilian workers will either lose their jobs or be furloughed, gradually, one day a week starting in April.

Senator Kirsten Gillibrand was in town on Friday, weighing-in on the issue and saying it is going to be a very interesting week in Washington. She hopes that some sort of last minute deal can be reached to avoid the sequester.

She referred to the whole idea of sequestration as worrisome, adding that if an agreement can't be reached, the spending cuts would effect New York State severely.

"The democrats will offer some legislation next week," Senator Gillibrand said. "We will find some bipartisan support. If we don't, then these very tough cuts are going to take place, which will hurt New York and hurt our economy."

Gillibrand says that if a deal isn't reached, the sequester would basically effect everyone in the country in some way, and many would lose their jobs.

"Early childhood education is going to be cut, education for special needs kids, money for our local firefighters, police officers and teachers will all be cut," she said. "So basically, all of our highest priorities for local and state spending will be cut. Also very significantly for New York, there's a lot of military cuts, a lot of the manufacturing that we do here in upstate New York, in the Mohawk Valley, jobs will be cut, people will be laid off, because they can't continue the development of a certain type of feature that our war fighters use or a certain type of equipment they use."

The big question for the senator, can a deal be reached?

"Well we don't know, but next week is going to be a very important time to work with my Republican colleagues to see if we can find some common ground. if it doesn't work, we'll just keep working at it until they can find some agreement," she said. "There might be some other opportunity at the end of March to go back at the drawing board and we'll just keep fighting for it, because these cuts will hurt New Yorkers very deeply."

As the senator mentioned, military cuts would mean gun manufacturers would take a hit. We reached out to Remington Arms for a comment on the sequester, but are still waiting for a call back.